AIER’s Everyday Price Index rose 0.5 percent in July, pushed higher by gas and wireless phone services.
READ MOREAIER’s Leading Indicators index increased to 8 in July. The result suggests a rapid recovery is unlikely and that full recovery is likely to be more drawn out, uneven, and uncertain.
READ MOREHarwood Economic Review Summer 2020 – Modeling and its Failures
READ MOREAIER’s Everyday Price Index jumped 1.2 percent in June, pushed higher by food and energy, the largest components in the index.
READ MOREWhile signs of rebound in some measures of economic activity have started to emerge, reinstatement of lockdown restrictions could smother the nascent recovery.
READ MOREAIER’s Everyday Price Index rose 0.3 percent in May, pushed higher by groceries, alcohol, and take-out.
READ MOREDespite the widespread devastation to the economy, there are a few statistics showing signs of modest rebounds, supported by the easing of restrictions placed on people and businesses.
READ MORE“Latin American leaders seem at least as likely to bolster their own power, while repressing basic liberties, as they are to mitigate the deleterious effects of the disease.” ~ Nicolas Cachanosky
READ MOREAIER’s Everyday Price Index fell 0.7 percent in April, the third consecutive decline, pushing the 12-month change to -1.7 percent.
READ MOREAIER’s Leading and Roughly Coincident Indicators indexes drop to 33, reflecting the economic devastation.
READ MOREDespite the continued modestly positive reading for the Leading Indicator index, the U.S. economy likely contracted in March, ending the longest U.S. economic expansion on record.
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