For More Business, Get Out of the World of 'Get'

Published on October 10, 2024

Instead of being a prospector, try being a listener and idea provider.

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Inside the Consumer Price Index: September 2024

October 10, 2024
Let's do some analysis of the Consumer Price Index, the best-known measure of inflation. The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each. The pie chart illustrates the components of the Consumer Price Index for Urban Consumers, the CPI-U.

Middle Class Hourly Wages as of September 2024

October 10, 2024
This series has been updated to include the September release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $51,106, down 6.7% from over 50 years ago. After adjusting for inflation, hourly earnings are below their all-time high from April 2020.