Consumer price index

because of limited supply and affordability constraints. Lower oil and gas prices are not as stimulative for the US economy today as they once were due to the negative impact on the oil and gas industry that has grown rapidly in recent years. The oil and gas rotary rig count is at a post-recession low of 795, less than 50% than the peak of active rigs a year ago (see today 's PROSPECTS 2016: Global oil market). Low oil prices are weighing on investment and employment plans of corporates in the energy

The purpose of this analysis is to test for aggregation bias in the United States Personal Consumption Expenditure (PCE). This paper uses first and second generation panel unit root testsfootnote{For more information see Hurlin (2007). } on the National Income and Product Accounts (NIPA) that make up the PCE. Second generation tests differ from first generation tests in that the latter drop the assumption of cross sectional independence the error term. Aggregation bias exists if NIPA inflation differentials

Economic Minimalism Dictionary.com defines economics as “the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind”. With that definition and the common sense knowledge that a healthy economy equals growth of a nation, we might assume that also means happiness, but that is not usually the case. Most people have grown up thinking the ideal life will be one of excess and consumption. That attaining more in life such as financial

inflation? Inflation is an increase in prices for goods and services (What is Inflation?). What are the causes of inflation? Inflation has a variety of possible causes, but they are between the Keynesian and monetarist theories, ranging between demand-pull, cost-push, built-in inflation, and the quantity model. With demand-pull, inflation is caused by aggregate demand being more than supply. With cost-push, inflation is caused when manufacturers and businesses raise prices due to shortages in order to balance

near or beat. In that year, Germany’s prices rose a trillion times over. “Prices rose so fast that workers had to take “shopping breaks” to spend their twice-a-day paychecks before they became worthless (Schiller, 2013).” During this time of inflation, prices more than doubled every day causing people the inability to save, invest, lend money, or make any long-term plans. According to B. R. Schiller, inflation is the general increase in the average level of prices of goods and services, and when the

use the following economic indicators: consumer price index; productivity and cost; employment cost index; producer price index; consumer confidence

services produced by an economy in a given year. Real Gross Domestic Product accounts for changes in price level and provides a more accurate figure of economic growth. The government uses Gross Domestic Product as a tool to analyze the economy’s purchasing power and growth over time. This is done by looking at the economic output of two periods and valuing each period with the same average prices and comparing the two together ("Real Gross Domestic Product (GDP) | Investopedia”). The Gross Domestic

interest rate, consumer price index (CPI), unemployment rate, and exchange rate. The first economic indicator that I will be discuss is the inflation rate. The rate that price of products and services steadily increases is the inflation rate. The reason that the financial managers of FedEx should be aware of the inflation rate of Canada is the fact that higher inflation rates has an impact on the buying power of the consumers. As the prices of products are increased due to inflation, consumers may become

The consumer confidence index measures the level of optimism regarding the prospect of economic growth. These data are gathered via surveys that focus on people’s attitude towards economy by asking them to make short and long term forecasts. Although consumers’ overviews of the economy are based on past occurrences, the expectations are generally reflective of future expenditure behaviour, which is a large component of real GDP. CCI is subjective because people’s economic outlooks are generally based

Conversely, if fewer people are working, we will have lower spending and economic activity will be reduced. It is this fundamental flow effect, which makes the employment report generate expectations about business sales and profits. Household (consumer) spending accounts for 2/3 of the U.S GDP, thus the employment report has the power to move both equity and bond markets and impact the U.S dollar. The Fed minutes from Dismal also reveal that the Fed takes due notice of the Employment situation