March 29, 2017

Gas Prices Decline as US Dollar Appreciates

While the recent ascent in the price for a barrel of oil would suggest higher gas prices for American consumers, the ascent of oil in recent months has not correlated to an ascent in gas prices. Typically, a $10 rise in the price of oil results with a 24 cent increase in the price for […]

Inflation Continues for US Dollar in April

During April, the descending trend of the US dollar continued, with a 0.4% increase in the consumer price index, according to data [.pdf] released today from the Labor Department. The consumer price index measures adjustments in the prices of common goods and is a key indicator for inflation. April marked the tenth consecutive month with […]

Gas Prices Exceed $4 per Gallon

During the week ending May 9th, the price for a gallon of gas nationally averaged $4.018, according to the US Energy Administration. This is the second week with the national average above $4 per gallon, as well as the twenty-first week out of the past twenty-three weeks with an increase in the national average for […]

US Prices Continue to Rise in March 2011

During March, the US economy continued an upward pattern in the prices for common goods. The consumer price index, a key indicator for adjustments in the prices of goods or inflation, rose 0.5% during March, according to statistics [.pdf] released today from the Labor Department. This marks the ninth consecutive month with an increase in […]

US Consumer Prices Rise in February

Prices for common goods in the US economy continued an upward trend in February. The consumer price index, a key indicator of inflation, rose 0.5% during February, according to statistics [.pdf] released today from the Labor Department. This is not only the eighth consecutive month with an increase in the costs of goods, but also […]

Gas Prices Soar Amid Libyan Crisis

During the week ending March 7th, the national average for a gallon of gas increased fourteen cents to $3.57, according to the US Energy Administration. Among the last fourteen weeks, this is the thirteenth week with an increase in the average price of gas. While there is a broad trend of rising gas prices, there […]

Economy Grew 192k Jobs in February

The unemployment rate declined 0.1% in February, bringing the rate to 8.9%, according to statistics released today [.pdf] from the Labor Department. This is the first time the unemployment rate has been below 9% since April 2009. The US economy added 192,000 jobs in February, with an increase of 222,000 jobs in the private sector […]

Consumer Prices Climb in January 2011

US consumers continued to see higher prices for common goods in January. The consumer price index, which indicates inflation, rose 0.4% during January, according to statistics [.pdf] released today from the Labor Department. This marks the seventh consecutive month with an increase in the cost of goods. Since July, inflation totals 1.9%, reflecting the trend […]