The latest inflation report may fail to qualify as good news, but at the very least, it was a sign that things may be improving. The Consumer Price Index rose 0.3% in April, the Labor Department reported. That was roughly in line with economists’ forecasts and down substantially from the […]
Inflation
Photo: istockphoto.com While some industries are beginning to rebound from the Covid-19 pandemic, the home improvement trade continues to struggle. Between ongoing labor shortages and supply chain issues, prices for home renovation projects keep rising. According to the recent consumer price index released by the U.S. Bureau of Labor Statistics […]
The high inflation rate has slammed Americans in the pocketbooks as basic costs of living – such as food, electricity, gas, and shelter – have skyrocketed during Joe Biden’s presidency. Inflation hit a 40-year high in January, with prices rising 7.5% from last year. That number was driven by higher […]
Photo: SeventyFour (Shutterstock) Home improvement projects have become increasingly popular—but the same thing that’s driving their increased demand is also causing prices to rise. Not only do materials cost more now, appliances and labor do, too. You might still be able to squeak in that kitchen upgrade or home office […]
Photo: istockphoto.com Inflation—a steady uptick in prices for goods and services, and the corresponding dip of our purchasing power—is higher now than it has been for decades. In October 2021, the consumer price index (CPI) increased 6.2 percent from the previous year, a spike not seen since 1990, according to […]