Displaying items by tag: consumer price index

Monday, 22 November 2021 14:23

How inflation may gobble up Thanksgiving budgets

RALEIGH — As we sit down to Thanksgiving dinner, many of us will give thanks for the chance to spend time with family and friends, and for the indulgent meal. But inflation will take the first bite, making Thanksgiving 2021 the most expensive in history.

Published in Local News
Tuesday, 28 September 2021 10:23

OPINION: Inflation is killing the recovery

Last week, Ned Davis Research published a note titled “Turns Out, Growth Looks like It Was Transitory—Inflation Is More Sticky.” There are many factors that show us that consumers and salaries are being eaten away by inflation, leading to an abrupt halt in the recovery. Autos and new home sales plunged, real disposable personal income has plummeted, and real median wage growth is lower than inflation.

Published in Opinion