Tag Archives: healthcare

Prices Jump on Gas and Airfares

The Consumer Price Index (CPI) rose 0.4% in May, driven by a sharp increase in prices at the pump. The overall index, however, remained unchanged from a year ago

Saving Rate Up, Inflation Slow

Income growth jumped a better-than-expected 0.4% in April. Disposable income rose a slightly more moderate 0.3%. All of those gains, however, were saved as consumers essentially tread water in terms of spending during the month. Indeed, spending actually dropped slightly,

Bending the health care cost curve over 15 years

Consumer Price Inflation Falls

The Consumer Price Index (CPI) dropped 0.4% in December, the largest drop since 2008, in large part due to plummeting oil prices. Energy prices outside of the oil and gasoline sectors, however, posted mostly increases, which look to be transitory and will retreat as we move into January. Prices for food moved higher and, outside [...]

Retail Sales Disappoint

Retail sales fell almost one full percentage point in the month of December and were revised lower for the month of November. Falling prices at the gas pump, which pushed down sales another 6.5% during the month, and more than 14% from a year earlier, were the primary culprit. Losses, however, were broad-based with declines [...]

Jobs Data Better than Headline Suggests

Payroll employment increased 214,000 in October with upward revisions for the previous months of 31,000. Moreover, we have seen upward revisions consistently, which means momentum is moving to the upside. Some of the largest gains occurred in low-wage food services and drinking establishments. Some of that increase in employment reflects a move by employers to [...]