As the four decade high inflation in housing and other basics continues, the cost of those staples crowded out other purchases leading to a drop of .8% in January 2024 for overall retail sales.
Read MoreAs Mergers & Acquisition Activity in East Asia Continues to Consolidate Industries As Nearly Half of Deals Are Going to China.
Read MoreAmericans Are Taking Longer and Longer To Buy Their First Home Than At Any Other Time In The Last Twenty Years According To Data And Analysis From The Wall Street Journal.
Read MoreIn October 2023, Housing Costs Continue Their Rise At Nearly 3.5X Faster Than Targeted Inflation Rates Of 2% Despite Consistent Marginal Drops In Gasoline Costs According to US Bureau Of Labor Statistics.
Read MoreWith housing costs rising at an annual rate of 7.2%, which is over 3.5X the national target for inflation as set by the Federal Reserve and national priorities.
Read MoreInflation In August 2023 rolled on at more than 150% the Long Established Target of 2% Annually Led By Housing and Transportation Services.
Read MoreIn July, inflation maintained a 3.2% annual rate of across the board price hikes with rising housing costs accounting for an astounding 90% of overall inflation for the month.
Read MoreInflation Softens In July To An Overall 12 Month Rate of 3.0% - Still 50% Higher Than Fed Target. Led by housing rates as it has been for much of the last 28 months, the consumer price index continued its stubborn 30 month climb.
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