U. S. Consumer Price Index Rose 0.3% in April 2024

By Tom Burnett CFA On May 15, 2024, the Bureau of Labor Statistics released its CPI report for April. The Index rose by 0.3% from the previous month. Over the prior 12 months, the CPI increased by 3.4%. The Energy Index rose by 1.1% and the Food Index declined by 0.2% in the month. The...

By Tom Burnett CFA On May 3, 2024, the Bureau of Labor Statistics released its Employment Report for April. Total nonfarm payroll employment rose by 175,000 jobs, less than the 242,000 average gain over the previous 12 months. The unemployment rate was 3.9%, continuing its range of 3.7%-3.9% which began…

By Tom Burnett CFA On April 16, 2024, the International Monetary Fund (“IMF”) released its quarterly estimates for global GDP growth.  The new figure is now 3.2% for 2025, an increase from 3.1% in its January release and from 2.9% in its release  from last October.  World Consumer Prices are now…

Retiring Comfortably: The Conversation with Your Clients by Colleen Kelleher Sorrentino, Stacey Mankoff, 4/9/24 Planning for retirement is a journey that requires careful consideration and strategic decision-making. As your client prepares to retire, one of the first questions to ask is, “How much income…

By Tom Burnett CFA On April 10, 2024, the Bureau of Labor Statistics released the CPI Report for March 2024.  The Index rose by 0.4% in March, the same increase as in February.  The Index rose 3.5% for the 12 months ending in March, a larger increase than February’s 3.2% increase or the 3.1% increase…