AIER’s monthly Everyday Price Index inched up 0.2 percent in December, led by rising gasoline prices. The EPI measures price changes that people see in everyday purchases such as groceries, gasoline, utilities, and personal-care products. Over the past …
READ MOREThe outlook for the U.S. economy continues to improve. Our index of Primary Leading Indicators rose again in the latest month, the labor market continues to show strength, financial conditions remain favorable, and business and consumer confidence are broadly upbeat.
READ MOREFinancial wellness has become a popular topic with policymakers, human resources departments, and the financial media. The concept is simple: Just as with physical health, financial wellness assesses your ability to support yourself into old age.
READ MOREAIER’s monthly Everyday Price Index fell 0.4 percent in November, led by lower gasoline prices. The EPI measures price changes that people see in everyday purchases such as groceries, gasoline, utilities, and personal-care products. The EPI including a …
READ MOREBusiness conditions continue to improve. Our index of Primary Leading Indicators rose for the third straight month, reaching its highest level since September 2015. Contributing to the increase were improvements in consumer expectations and real new orders for core capital goods.
READ MOREQuality of life and demographics, rather than the economic climate, play a stronger role in the top rankings for metro areas in this year’s AIER College Destinations Index. This is particularly true for metro areas with a population of 1 million or more. In contrast, economic climate plays a more important role in our rankings for metro areas with populations under 1 million.
READ MOREAIER’s monthly Everyday Price Index dropped 0.1 percent in October as falling fuel and utility prices offset an increase for gasoline. The EPI measures price changes that people see in their everyday purchases, such as groceries, gasoline, utilities, a …
READ MOREEconomists, politicians, and the media often talk about the economy as if it is a single unit and all aspects of it move in the same way. But the economy includes many different parts. For economists, “the economy” stands for economic output, typically measured by gross domestic product, or GDP. But for most other people, the critical consideration in the economy is not GDP, but jobs and incomes.
READ MOREConsumer spending slowed to a 2.1 percent annual rate in the third quarter from a strong 4.3 percent pace in the second quarter, according to the latest data on real gross domestic product from the Bureau of Economic Analysis. On a year-over-year basis, personal consumption expenditures, a measure of real consumer spending, grew at a 2.6 percent rate, down slightly from a 2.7 percent pace in the second quarter (Chart 1).
READ MOREExcessive debt played a major role in the Great Recession, from December 2007 to June 2009. In the seven years since the recession ended, home prices have rebounded, and households have significantly reduced their debt load. Only recently have households begun to increase their overall debt, which has inched up just 2 percent from when the recession began. Debt growth for corporate and small businesses has been more significant, rising 36.5 percent and 29 percent, respectively.
READ MOREAIER’s monthly Everyday Price Index rose 0.2 percent in September, driven by a 2.3 percent jump in gasoline prices. Over the past 12 months, the index has fallen 0.1 percent. The EPI including apparel, a broader measure, rose 0.4 percent in September a …
READ MOREWhat do we mean by “middle class,” and how many people are in it?
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