November Inflation Report -prices fell

[ColonelAngus]

When prices are where they were in February 2020, brag.

Until then, cult fucks can suck it.

 

[citygator]

When prices are where they were in February 2020, brag.

Until then, cult fucks can suck it.

Real wages are slightly up to 2019 so you’d have to give up the comparable raise you received. You’re better off now. Congrats.

Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over

Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over (LES1252881600Q) from Q1 1979 to Q4 2023 about full-time, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.

fred.stlouisfed.org

 

[Cellblock2429]

Looks like the American economic engine is roaring. Here are the key economic metrics for November:

Prices declined 0.1% for the month.
Annual inflation rate fell to 2.6%.
Core CPI is 3.2%, which is down from 3.4% annualized in October.
Consumer spending, accounting for seasonality, increased 0.2% in November. When also accounting for inflation, this rose to 0.3% increase.
Personal income grew 0.4%.
Savings as a percentage of income grew to 4.1% from 4%.
Employment increased by 199k
The unemployment rate fell to 3.7%.
S&P 500 is up 4.17% over the last month.

Prices fell last month for the first time since April 2020 | CNN Business

/——/ Thanks to the Fed for jacking up the interest rates so people can’t afford new cars or homes. WTF are you bragging about?

 

[BluesLegend]

Oh another lipstick on a Bidenomics pig thread. Too bad 70% of the country disagrees with their propaganda.

 

[Cellblock2429]

Oh another lipstick on a Bidenomics pig thread. Too bad 70% of the country disagrees with their propaganda.

/----/

 

[Cellblock2429]

Real wages are slightly up to 2019 so you’d have to give up the comparable raise you received. You’re better off now. Congrats.

Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over

Graph and download economic data for Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over (LES1252881600Q) from Q1 1979 to Q4 2023 about full-time, salaries, workers, earnings, 16 years +, wages, median, real, employment, and USA.

fred.stlouisfed.org

/---/ Not everyone received a raise, but everyone is hurt by inflation.

 

[22lcidw]

Looks like the American economic engine is roaring. Here are the key economic metrics for November:

Prices declined 0.1% for the month.
Annual inflation rate fell to 2.6%.
Core CPI is 3.2%, which is down from 3.4% annualized in October.
Consumer spending, accounting for seasonality, increased 0.2% in November. When also accounting for inflation, this rose to 0.3% increase.
Personal income grew 0.4%.
Savings as a percentage of income grew to 4.1% from 4%.
Employment increased by 199k
The unemployment rate fell to 3.7%.
S&P 500 is up 4.17% over the last month.

Prices fell last month for the first time since April 2020 | CNN Business

With all of this great news why is Welfare going up about 12.8% this year? And the old people are pissed with the 3.2% COLA increase which is below the real inflation as they are complaining.

 

[citygator]

With all of this great news

It is great. Glad we agree.

 

[DukeU]

SPAM goes on lockdown due to inflation in NYC - New York Post

 

[Blaster]

Anyone that dines out or shops for groceries realizes inflation is too high.

 

[citygator]

Not a lot of right wingers willing to talk about the numbers. lol. Sorry Biden shit on your Christmas with a good economy.

 

[Procrustes Stretched]

Looks like the American economic engine is roaring. Here are the key economic metrics for November:

Prices declined 0.1% for the month.
Annual inflation rate fell to 2.6%.
Core CPI is 3.2%, which is down from 3.4% annualized in October.
Consumer spending, accounting for seasonality, increased 0.2% in November. When also accounting for inflation, this rose to 0.3% increase.
Personal income grew 0.4%.
Savings as a percentage of income grew to 4.1% from 4%.
Employment increased by 199k
The unemployment rate fell to 3.7%.
S&P 500 is up 4.17% over the last month.

Prices fell last month for the first time since April 2020 | CNN Business

April 2020? When Trump was in office? Are you sure?

 

[citygator]

April 2020? When Trump was in office? Are you sure?

The month of COVID outbreak? Yep. Trump.

 

[Lesh]

Oh another lipstick on a Bidenomics pig thread. Too bad 70% of the country disagrees with their propaganda.

Those people are listening to the doom and gloom put out by the likes of Fox

 

[Cellblock2429]

The month of COVID outbreak? Yep. Trump.

/----/ You claim Trump created Covid? Is this the blatant lie you're spreading today?

 

[Cellblock2429]

Those people are listening to the doom and gloom put out by the likes of Fox

/----/ "put out by the likes of Fox"
Fox went left-wing years ago. You really need a new boogie man to blame.

 

[Flash]

Not a lot of right wingers willing to talk about the numbers. lol. Sorry Biden shit on your Christmas with a good economy.

 

[Lesh]

/----/ "put out by the likes of Fox"
Fox went left-wing years ago. You really need a new boogie man to blame.

Did you spit all over your keyboard when you typed that?

You’re a funny man

 

[Rawley]

Looks like the American economic engine is roaring. Here are the key economic metrics for November:

Prices declined 0.1% for the month.
Annual inflation rate fell to 2.6%.
Core CPI is 3.2%, which is down from 3.4% annualized in October.
Consumer spending, accounting for seasonality, increased 0.2% in November. When also accounting for inflation, this rose to 0.3% increase.
Personal income grew 0.4%.
Savings as a percentage of income grew to 4.1% from 4%.
Employment increased by 199k
The unemployment rate fell to 3.7%.
S&P 500 is up 4.17% over the last month.

Prices fell last month for the first time since April 2020 | CNN Business

How'd that work for George H Bush?

 

[Rawley]

Those people are listening to the doom and gloom put out by the likes of Fox

You should probably stop watching Fox if it upsets you so.