Study: Everyday consumer goods up 8.1 percent
AIER's Everyday Price Index on The Washington Examiner
Every year the official Consumer Price Index is released demonstrating the average price hikes experienced Americans each year. Last year the CPI rose 3.1 percent, a seemingly modest hike by many standards.
But the American Institute for Economic Research has released an alternate index, narrowing the scope to items purchesed by the average consumer every month, leaving out "big-ticket items" like cars, computers, and furniture.... [read more]
Read AIER's original article, The EPI Reflects Basic Economic Change.