Producer Prices Rose 0.3% in November, 7.4% for Latest 12 Months

By Tom Burnett CFA On December 9, 2022, the Bureau of Labor Statistics released the data for the Producer Price Index for the month of November. The PPI rose 0.3% in November, following increases of 0.3% in both October and September. The Index rose by 7.4% in the 12 months ending November, compared…

By Tom Burnett CFA On December 9, 2022, the Bureau of Labor Statistics released the data for the Producer Price Index for the month of November. The PPI rose 0.3% in November, following increases of 0.3% in both October and September. The Index rose by 7.4% in the 12 months ending November, compared…

By Tom Burnett CFA On December 2, 2022, the Bureau of Labor Statistics released the monthly jobs report for November.  Total nonfarm payroll employment rose by 263,000 to end the month at 153.5 million.  Total employment has now exceeded the pre-Covid level of February 2020.  Total employment one…

By Tom Burnett CFA On November 15, 2022, the Bureau of Labor Statistics released the Producer Price Index (“PPI”) for the month of October.  The PPI rose 0.2% in October, following an increase of 0.2% in September.  The PPI was unchanged in the month of August.  The largest monthly increase in…

By Tom Burnett CFA On November 10, 2022, the Bureau of Labor Statistics released the Consumer Price Index report for the month of October.  The CPI rose 0.4% in October, the same increase as in September.  Over the past 12 months, the Index rose by 7.7%. The 7.7% figure was  the smallest increase…