inflation

And yet, more than half of Americans say they’re going to cut back on entertainment spending, because of rising costs.

The way the Census Bureau calculates its retail sales data wasn’t an issue until prices started rising a couple years back.

Waiting it out might just be part of the journey to cool inflation.

Companies like Target, Walmart and Kohl’s held sales this week aimed at holiday shoppers, and Amazon just wrapped up its second Prime Day event of the year.

And that would mean your paycheck’s purchasing power would be getting a boost relative to inflation.

The answer might disappoint you.

The 2024 cost-of-living adjustment comes out to 3.2%, a pretty modest amount compared to past years.

Another example of inflation caused by the pandemic.

El Pueblo Mexican Food, a family-owned restaurant chain in San Diego, California, is bucking price trends.

While inflation for goods may be back to pre-pandemic levels then, higher inflation for services could stick around.