In San Diego, prices rose at 4% during the year ending in July. But in Dallas, inflation was less than 1%.
Household furnishings and supplies showed a 0.7% increase from June to July. Footwear is up 1.4%. Infant and toddler apparel is up 3.3%.
The extended tariff deadline doesn’t help with planning certainty.
More than 2,000 trash collection workers across the country have walked off the job after contract talks stalled this summer.
Toy prices went up 2% in May, and some smaller stores are struggling to survive.
The Bureau of Labor Statistics is no longer gathering data from parts of New York, Nebraska, and Utah.
Although overall inflation has been high since the pandemic hit, some consumer goods and services have stagnated or gone down in price over the last five to six years.
When companies are paying higher import taxes, they have less money to spend on energy-hungry projects.
Fitch Ratings cut its outlook on banks in South Korea, Mexico, Thailand, Taiwan, and Vietnam.
It’s not just tariff uncertainty making things more complicated for builders. Higher interest and mortgage rates are also in the mix.
