…the “green shoots” slight rebound in the housing market I have been talking about for the past few months. And according to Truflation, which attempts to measure consumer prices daily,…

…showed inflationary problems. Transportation services (mainly vehicle repairs and insurance) followed vehicle prices higher, but recently had calmed. Not in April. Prices increased 0.3%, meaning YoY prices were now higher…

…May 2020: Note that existing home prices are only available to FRED from the NAR for the past 12 months. But it is quite clear that “real” wage-adjusted house prices…

Comments on existing home sale prices Existing home sales were reported yesterday. Since, although they are about 90% of the market, they have much less effect on the economy than…

Jump in January consumer prices seals the deal on Fed interest rate hikes, New Deal democrat Consumer prices increased 0.6% in January, the third time in four months that it…

…always! – commodity prices lead producer prices, which in turn lead consumer prices. The story in February for both commodity and producer prices is that of strong continuing demand that…

…destruction causes commodity prices to decline. But in addition to the present, there have been several exceptions, where the Fed increased interest rates even as commodity prices declined: 1959, 1981,…

…concluded last week, showed a little rebound in manufacturing activity, but contraction in services. Prices paid increased at the most widespread clip since the major inflation of 2021-22. Prices received…

…newcomers are the ones confronted with the higher housing prices that these restrictive laws create. Under severe land use restrictions, prices no longer serve the function of allocating scarce resources…

…higher prices, lost suppliers, and dwindling foreign markets. Producing weapons and military equipment—and building new factories—in the United States will become more expensive. U.S. allies, eager to strengthen their own…