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Food Prices Escalate as Wages Decline! Job Cuts and Reduced Hours Create Perfect Storm

FOOD PRICES RISE

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Food is an essential component of our lives and yet one that too many people take advantage of. We can buy it cheap just about anywhere. If one store is too expensive, there are many stores nearby willing to undercut prices. But what happens when the supply chain breaks? What if there is suddenly more demand for non-perishable foods? How long can the supermarkets remain stocked? All questions most are unprepared for.

 

USDA ERS – Summary Findings

Summary Findings

ERS research and reporting of the Consumer Price Index (CPI) for food contributes to an understanding of which food categories experience substantial price changes, how consumers spend their incomes on food, and how and why prices change.

United States Food Inflation | 1914-2020 Data | 2021-2022 Forecast | Historical

United States Food Inflation

Cost of food in the United States increased 2.20 percent in February of 2024 over the same month in the previous year. This page provides the latest reported value for – United States Food Inflation – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Bank of England asks banks on readiness for negative rates

Bank of England asks banks on readiness for negative rates

The Bank of England has asked commercial banks whether they are ready for negative interest rates, signaling that the central bank is moving closer to cutting its key interest rate below zero.

Consumer Price Index Summary

Consumer Price Index Summary

Transmission of material in this release is embargoed until 8:30 a.m. (ET) Tuesday, March 12, 2024 USDL-24-0483 Technical information: (202) 691-7000 * cpi_info@bls.gov * www.bls.gov/cpi Media contact: (202) 691-5902 * PressOffice@bls.gov CONSUMER PRICE INDEX – FEBRUARY 2024 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in February on a seasonally adjusted basis, after rising 0.3 percent in January, the U.S.

The K-Shaped Recovery. A “V” For Some, Not For Most. – RIA

The K-Shaped Recovery. A “V” For Some, Not For Most.

Economists have come up with every variation they can of applying a letter of the alphabet to the economic recovery. What exactly is a K-shaped recovery?

Screen_Shot_2020-10-08_at_1.33.09_PM.png (1027×812)

https://www.goldmoney.com/images/media/Images/Articles/Tutorials/Screen_Shot_2020-10-08_at_1.33.09_PM.png

COVID Exodus: Home For Sale Listings Soar As Pandemic’s Economic Impact Grips San Francisco – CBS San Francisco

COVID Exodus: Home For Sale Listings Soar As Pandemic’s Economic Impact Grips San Francisco

Rents are tumbling and the number of homes listed for sale are soaring — all signs that the COVID 19 exodus from San Francisco was not losing its momentum six months into the pandemic.

‘Worst in the state’: S.F. sales tax data show likely population decline – SFChronicle.com

‘Worst in the state’: S.F. sales tax data show likely population decline

Sales tax data show San Francisco’s population probably declined during the coronavirus…

September Class 8 Orders Clear 31,000 | Transport Topics

September Class 8 Orders Clear 31,000 for Best Showing Since October 2018 | Transport Topics

North American Class 8 orders in September rocketed to the highest point since late 2018, surpassing 31,000 and climbing well beyond replacement levels, ACT Research reported, citing preliminary OEM data.

Every Company In and Out of the Dow Jones Industrial Average Since 1928

https://www.visualcapitalist.com/wp-content/uploads/2020/10/history-of-dow-jones-industrial-average-companies-1.html

Minerd Says Fed’s Main Street Lending Program a ‘Disaster’

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The financial system has seen massive swings. More money is flowing into equities. Less savings. More margin. Investment companies are watching ETF’s rise higher.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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