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Inflation

Are wages outpacing inflation? Depends on what you do.

by Justin Ho
Jan 12, 2022
Real average hourly pay increased 0.1% in December. Generally, wages are beating inflation, but some industries are lagging.
While pay in leisure and hospitality is increasing faster than prices, sectors like construction and manufacturing are lagging behind.
Paul J. Richards/AFP via Getty Images
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Are there marketing opportunities in inflation?

by Matt Levin
Jan 7, 2022
One fast food business says rising grocery prices give it a reason to focus ads on cost.
Instead of shying away from the words "inflation" in the '70s, Campbell Soup chose to use it a corny ad campaign.
Justin Sullivan via Getty Images
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Wage hikes outpace rent hikes in some parts of the country

by Amanda Peacher
Jan 6, 2022
And new data shows that buying a place is more affordable than renting in some areas.
In most places in most years, rents rise faster than renters' incomes, according to a researcher at the Center on Budget and Policy Priorities.
Justin Sullivan via Getty Images
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The economy is in good shape. Why are people feeling down about it?

by Justin Ho
Jan 6, 2022
Several indicators suggest that the economy is humming along. But recent surveys show, a growing number of people feel exactly the opposite.
Though inflation is hampering consumers' views of the economy, people often overestimate how high inflation really is.
Michael Ciaglo via Getty Images
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As the economy gets more complex, we might need new ways to measure it

by David Brancaccio , Chris Farrell and Rose Conlon
Jan 4, 2022
From jobs to inflation, our economic statistics are ripe for change.
From jobs to inflation, our economic statistics are ripe for change.
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Many states and cities to raise minimum wage in the New Year

by Meghan McCarty Carino
Dec 24, 2021
Will employers notice? Many are already raising wages for their workers because of the labor crunch.
Even without jurisdictions raising the minimum wage, some employers are upping pay anyway to remain competitive in a tight labor market. Above, activists rally for a $15 an hour minimum wage.
Kevin Dietsch via Getty Images
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We're back to saving less

by Matt Levin
Dec 23, 2021
The personal savings rate dropped in November to its lowest level since December 2017.
After squirreling away money at the heights of the pandemic, Americans are reverting back to their pre-COVID spending habits.
skynesher via Getty Images
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Consumer confidence rises, undeterred by omicron

by Amanda Peacher
Dec 22, 2021
Americans are reassured that businesses are still operating. Yet some economic uncertainty lingers.
The spread of the new coronavirus variant hasn't seemed to dampen consumer confidence, which reached 115.8 in December. However, that remains below pre-pandemic levels.
Brandon Bell via Getty Images
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How goes the inflation fight?

by Sabri Ben-Achour
Dec 22, 2021
The White House has pushed changes at ports to fix supply chains and ease prices, but high demand for goods continues to exert pressure.
Though the Biden administration has pressed for changes at ports to improve goods transport and ease inflation, they're still not operating 24/7.
Mario Tama via Getty Images
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What does 20% inflation feel like in Turkey?

by Victoria Craig
Dec 21, 2021
A package of eggs recently jumped 60% in a week at one grocery store. Many economists fault the Erdoğan government's policies.
Turkey's economic woes are driving many young people to look abroad for opportunity, which could lead to a damaging brain drain.
BBC/Stephen Ryan
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