February 20, 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 […]

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 […]

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 […]

Consumer Prices Surge in December

The consumer price index, which indicates inflation, rose 0.5% in December, according to statistics released today [.pdf] from the Labor Department. This is the greatest rise in consumer prices in eighteen months or June 2009, when prices rose 0.9% [.pdf]. December also marks the sixth consecutive month with an increase in consumer prices. Gasoline prices […]

Consumer Prices Rise Again

The consumer price index, which is basically another way to say inflation, increased 0.2% in October – the fourth consecutive month consumer prices have risen. An increased price of gasoline is responsible for 90% of the October incline, according to a consumer report [.pdf] released today from the Labor Department. Gasoline prices increased 4.6% during […]