Bidenflation - Page 12

The readings of current conditions and expectations among Democrats are the lowest of Joe Biden’s presidency.

American families have a more challenging time putting food on the kitchen table in February as everyday food prices are surging higher, with no end in sight.

It isn’t just getting more expensive to put food on the kitchen table. It’s getting costlier to just get a kitchen table to begin with.

Prices jumped 2.5 percent in a single month!

Imports rose while exports fell, pushing the trade deficit up to $89.7 billion at the start of the year.

Nine out of the top ten states with the most expensive cost of gas per gallon are led by Democrats, according to the report.

Consumer credit is closely watched by economists because expansions of consumer credit tend to lead to expansions of overall economic activity.

The idea that inflation is caused by the lack of competition was gently dismissed by Fed chair Powell.

The Fed, in its latest Beige Book report that collects business anecdotes from around the country, said that prices charged to customers increased at a “robust pace” across the United States.

We haven’t seen prices rise this fast since 1975.

Consumers’ views of their present situation fell sharply, near-term expectations fell by even more, and the expectation for the long-term prospects for the economy are at a decade low.

Can’t stop. Won’t stop. The Fed’s favorite inflation gauge shows prices rose at their fastest pace in 40 years last month.

The median price of a new home was $423,300 in January, a seven percent from $395,500 the previous month, reflecting the Bidenflation hitting construction materials.

The national median prices for one-bedroom and two-bedroom rental units have skyrocketed as rent climbs across the country, per a report.

It’s like someone has put a neon sign flashing #BIDENFLATION on the White House lawn and the Biden’s are scrambling to pull the plug.

Demand collapsed in February as wildfire inflation burned through the Fed’s Fifth District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia.

Concerns about inflation are on the rise again after easing in December and January.

Desperate Senate Democrats propose a temporary federal gas tax cut to undo some of the inflationary damage they’ve done. But don’t worry, they don’t really mean it. The tax cut, that is.

Inflation takes its toll on another common household item.

For decades, the Fed has helped pump up asset values and fought inflation by bringing down labor demand. What if it tries something very different?

Inflation is heating up even as the Fed gets ready to hike rates.

December’s big inventory jump was likely an unintended effect of sales unexpectedly falling.

The Atlanta Fed’s measure of business inflation expectations increased significantly in February.

No signs that inflation may ease soon.

The Producer Price Index shows the economy is still in the grips of the greatest inflationary surge in decades.

The first decline in expectations since October 2020.

Early hopes that inflation would stay confined to a few categories experiencing bottlenecks have been crushed.

American families brace for higher prices on food and drinks at this year’s Super Bowl parties.

Twenty-six percent of consumers expect their financial prospects to worsen, the highest level of negative sentiment in four decades.

Bidenflation is devouring wage gains, leaving American families worse off.

It’s not just the price of food on the kitchen table. The price of the table itself is up nearly 20 percent!

Much worse than expected.

“It sure doesn’t look transitory to me,” Chipotle’s CEO Brian Niccol said.

“If 2008 was a financial crisis, this is a molecule crisis,” Goldman’s Jeff Currie said. “We are out of everything. I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it.”

Gasoline prices have surged higher as winter weather has enveloped much of the U.S. and escalating tensions with Russia have helped push up the price of oil. The price of Brent, the global benchmark fell by nearly half a percentage

Inflation masked an even larger contraction in manufacturing at year-end.