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According to a BLS news release on September 9, 2020, average annual expenditures for all consumer units in 2019 were $63,036, a 3.0-percent increase from 2018, the U.S. Bureau of Labor Statistics reported today. During the same period, the Consumer Price Index (CPI-U) rose 1.8 percent and average income before taxes increased 5.4 percent.
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In 1951, the BLS again made interim adjustments, based on surveys of consumer expenditures in seven cities between 1947 and 1949, to reflect the most important effects of immediate postwar changes in buying patterns. The index was again revised in 1953 and 1964.
According to the U.S. Bureau of Labor Statistics (BLS), consumer prices rose 3.2 percent from February 2023 to February 2024, with the cost of food specifically increasing 2.2 percent.
This week's Consumer Price Index report from the U.S. Department of Labor showed a continued easing in the inflation rate, with overall inflation in March 2023 rising only 5% from the previous ...
“According to the U.S. BLS Consumer Price Index, prices overall were up 3.1% last year,” said Todd Stearn, founder and CEO of The Money Manual. “But how this played out on an individual ...
Ohio had an estimated $575 billion in total personal income in 2018. [214] The mean household income for the top 5% in the state is $296,000. According to the Bureau of Labor Statistics in 2018, the mean wage for Ohioans was $48,220. The highest paid professionals in the state were concentrated in the medical fields.
Consumer inflation continued its slow descent, standing at 4.9% in April -- the smallest 12-month increase since the period ending April 2021 -- according to the Bureau of Labor Statistics' (BLS)...