Bidenflation - Page 10

Two-thirds of Americans disapprove of President Joe Biden’s handling of the economy. Just 37 percent of Democrats say Biden’s policies are helping the economy.

Another casualty of the Biden era: housing affordability.

The survey confirms that the slowdown in the manufacturing sector indicated this week in the New York Fed’s Empire State survey is widespread.

National gas and diesel prices continued to break records Wednesday as struggling working-class Americans suffer the brunt of Bidenflation.

The second big retailer to report that its earnings are getting trampled by Bidenflation and the ESG energy crisis.

Big downward revisions to prior months show inflation and higher rates had slowed the market earlier than thought.

Sales were up but profits plunged and the company cut its guidance for the year as inflation and supply chain disruptions continue.

The steeper than expected decline in consumer sentiment was caused by a drop in assessments of current conditions and an even sharper decline in hope for the future.

The bad news is that Thursday’s April producer price inflation figures showed that inflation had not cooled by as much as expected.

Transporting goods across the U.S. keeps getting more and more expensive with each passing month. Pete Buttigieg call your office!

Prices charged by U.S. businesses for goods and services sold to households, businesses, and governments are up more than expected.

The idea that we might be headed toward a “softish landing” was probably the great victim of the April report on the Consumer Price Index.

Prices are up for air travel, car rentals, hotels, motels, swimwear, and even bicycles. And gasoline prices are going to make a road trip very expensive.

Eye-popping increases for everything from food kids eat to the clothes they wear to the shoes on their feet.

Food inflation got even worse in April. Even the kitchen table itself costs 14.9 percent more than a year ago.

Prices still rising by more than expected and after-inflation wages are falling.

There is likely to be a lot of discussion around the idea that March was “peak inflation” if the Consumer Price Index for April comes in as expected on Wednesday.

A Tennessee man has begun farming his own fish as inflation has sent grocery store costs through the roof, according to a report. 

The national gas price average hit a new record high in the U.S. on Tuesday, with counties in blue California seeing average prices well over $6 per gallon.

“Given where inflation is now, I suspect we’re going to have to move above neutral, but I can’t tell you exactly how far above neutral,” said Loretta Mester.

The national average price for both a gallon of regular gas and diesel broke all-time records Tuesday – two months after gas prices shattered records on five consecutive days.

Inflation and recession worries are holding back small businesses in the U.S.

Anxiety among lower-income households has soared thanks to inflation.

Public expectations of household spending rose to a record high in April, data from the Federal Reserve Bank of New York showed Monday. The New York Fed said that households expect their spending to rise by 8 percent over the

Jerome Powell still believes in immaculate disinflation—and he appears to have won the market over to his view.

The U.S. trade deficit rose an astonishing 22 percent in March to $109.8 billion.

A big jump in factory orders likely reflects prices rising more than real growth.

The recession is expected to start in the second half of 2023.

Prices paid for factory inputs rose substantially in April and at the fastest rate so far this year, the S&P Global U.S. Manufacturing purchasing managers index survey showed.

Crop prices were up 5.6 percent from last month and 23 percent from the previous year. Livestock prices increased 6.7 percent from February and were up 39 percent compared with a year ago.

Real personal income has fallen in 7 out of the last 8 months.

A decline in gasoline prices helped boost expectations.

Bidenflation pushes prices up at the fastest pace since 1981.

The experts have been telling us for months that the economy was doing extraordinarily well once you look past the little problem of inflation. The American people weren’t buying it. And today’s Bureau of Economic Analysis revealed that the people were right.

A disaster start to Joe Biden’s second year in office.

Concern over inflation is at its highest level since 1984.