Housing Costs are the Leading Increase in Inflation
[ad_1] The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in February, 2023. The all items index was up 6% for the 12 months ending in February. Interestingly, the BLS says The index for shelter was the largest contributor to the monthly all […]
U.S. Cities with the Highest GDP
[ad_1] Today’s infographic from the Visual Capitalist ranks the economic output of the top 15 U.S. cities from New York City to Minneapolis, using data from the U.S. Bureau of Economic Analysis. Interestingly, America’s metropolitan areas account for roughly 90% of U.S. economic output, however, they do point out that the economic center of gravity […]
Bankrate’s 2023 Annual Emergency Savings Report
[ad_1] It might be a little apropos considering the developing banking crisis as we post this; a recent report from Bankrate.com says an uncertain economy is affecting how Americans are able to save for emergencies. In fact, they say that nearly half (49%) of Americans have less savings (39%) or no savings (10%) compared to […]
CoreLogic: Home Prices Up 6.9% Year-Over-Year
[ad_1] According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 6.9% in December 2022. On a month-over-month basis, home prices declined by 0.4% in December compared with November 2022. CoreLogic predicts that home prices will decrease on a month-over-month basis by 0.2% from […]