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The misery index is an economic indicator, created by economist Arthur Okun. The index helps determine how the average citizen is doing economically and is calculated by adding the seasonally adjusted unemployment rate to the annual inflation rate .
In March, car insurance prices spiked 22% from a year ago, according to the Consumer Price Index. And nearly three quarters of homeowners said their home insurance rates were hiked in 2023 ...
In a sobering sign for the U.S. economy, the Conference Board’s Leading Economic Index (LEI) fell by 0.6% in April, marking its second consecutive monthly decline amid growing economic ...
The producer price index (PPI) for final demand rose 0.2% on a monthly basis in October, in line with forecasts, though the annual rise of 2.4% was a touch higher than expectations.
Chained dollars, also known as "chained consumer price index" or "chained CPI," is a measure of inflation that takes into account changes in consumer behavior in response to changes in prices. It is used to adjust certain economic variables, such as tax brackets and Social Security payments, for inflation.
The annual percent change in the US Consumer Price Index for All Urban Consumers is one of the most common metrics for price inflation in the United States. The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used ...
Elon Musk agreed with an X post predicting how Trump's mass deportations and Musk's proposed $2 trillion cut to federal spending would play out. It would be a rough couple of years.
Index numbers are used especially to compare business activity, the cost of living, and employment. They enable economists to reduce unwieldy business data into easily understood terms. In contrast to a cost-of-living index based on the true but unknown utility function, a superlative index number is an index number that can be calculated. [1]