…over the situation over the winter (red in the graph below): What is interesting here is how quickly price declines, and now price rebounds, have followed sales. Usually there is…

…compute February’s real personal consumption of goods data for national accounts from this February retail sales report, the BEA will use the corresponding price changes from the February consumer price…

…this May retail sales report, the BEA will use the corresponding price changes from the May consumer price index, which we reviewed last week . . . to estimate what they…

…is a chained price index based on 2012 prices = 100, and which is included in Table 9 in the pdf for this report….that index rose from 115.849 in July to 116.314…

…prices by the minute, hour, day, week or month for each…each bar in the graph above represents the range of oil prices for a single month, with months when prices…

…BEA will use the corresponding price changes from the January consumer price index, which we reviewed last week…to estimate what they will find, we’ll first separate out the volatile sales…

…does that by computing a price index for personal consumption expenditures, which is a chained price index based on 2012 prices = 100, which is included in Table 9 in the…

…probably on the order of 4.8% lower once price increases are taken into account. Similarly, while nominal sales at clothing stores were 0.1% higher in May, the apparel price index…

…to better understand this policy debate, it is imperative to look at prices and how they are being affected. The price of just about everything in the U.S. economy can…

…price increases might be abating.  And abating they are – slowly. On a monthly basis, the FHFA showed prices *declining* -0.1% in the three-month average through June after being unchanged…