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The worst state for egg price increases is Minnesota, which saw a nation-leading 68.7 percent increase in the egg price index. Iowa is not far behind in second place with a 67 percent increase.
The price of Costco’s premium “Executive Membership” also went up, by $10 to $130 a year. ... Last year, Costco earned $4.6 billion in revenue from membership fees, an 8% increase from 2022.
Since at least the early 1980s, the price of a stamp has closely followed the consumer price index. The large jumps in the early 1900s are because a change by a single penny was significant compared to the cost of the stamp. For example, the price increase from $0.02 to $0.03 on July 6, 1932, was a 50% increase in cost.
OilPrice.com is reporting on a "plunge" below $75 a barrel in Brent crude prices (currently $74 and change). WTI crude -- more popular in the U.S. -- is suffering a similar fall, down 3.8% at ...
The unemployment rate fell to a record low of 2.3 percent in 2018 while inflation levels are staying near the target rate at a steady 2 percent. The IMF revealed some concerns over labor shortages putting constraints on future growth however, the IMF is confident in how integrated the Czech economy is in the Euro supply chains. [ 6 ]
Walker urged its adoption to increase commerce between the US and Britain. He also predicted that a reduction in tariff rates would stimulate trade, including imports. The result, asserted Walker, would be a net increase in customs revenue, despite the reduced rates. Congress, then controlled by Democrats, acted quickly on Walker's recommendations.
It found that in 2022 almost 20% of US adults were in the process of founding a business or had done so in the past 3.5 years. It was the highest reading since the survey began back in 1999.
In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).