Crash in Apparel Prices Shows How The Covid Pandemic Is Changing America
The price of men’s suits have fallen by more than 20% compared with a year ago.

The price of men’s suits have fallen by more than 20% compared with a year ago.
A bit above expectations but still a signal that there is very little inflation in the U.S. economy.
Despite a record-high federal budget deficit and unprecedented levels of liquidity provided by the Federal Reserve, inflation is dead.
Businesses garnered higher prices for goods and services in September, an indication of rising demand and an easing of deflationary pressures from the pandemic and social distancing rules. The Producer Price Index, which measures prices received by businesses up and
U.S. consumer goods prices moved up a bit in September but overall inflationary pressures weakened.
While his people suffer through grinding poverty, Venezuela’s socialist dictator Nicolás Maduro is spending vast sums on printing huge piles of rapidly-depreciating paper currency.
Broad gains in prices suggest the economy is still healing.
Profit margins for many merchants rose in August, indicating healthier demand than expected amid the pandemic.
The price of gasoline jumped more than 10 percent in July while food prices fell.
The Consumer Price Index showed that prices for many goods and services ticked up a bit in June but no sign of rising inflationary pressure.
Margins were squeezed in June as the economy grappled with an unsteady reopening, rioting, and widespread social unrest.
Beef prices jumped 69 percent in May, according to the Producer Price Index.
Consumer prices fell in May, thanks to big declines in the prices of gasoline, clothing, and car insurance. But prices in groceries jumped higher for the second straight month.
The price of chicken crashed while the price of beef soared.
The third Bitcoin “halving” took place Monday afternoon, putting the inflation rate of this populist Internet money below the targeted annual inflation of the U.S. dollar.
Prices plummeted in April as the lockdowns left many Americans without jobs and sheltering at home.
What if I told you that in the socialist paradise of Venezuela, everyone’s a millionaire?
Far more Americans are worried that inflation will go higher than are worried about unemployment going higher over the next 6 months.
Core inflation fell for the first time in ten years as the coronavirus took hold of the U.S. economy.
The latest Producer Price Index data debunks the idea that tariffs have squeezed American consumers.
For the second month in a row, the survey of manufacturing businesses in New York came in better than expected.
Defying widespread predictions that higher tariffs on Chinese televisions would push up prices, prices keep falling.
Joe Scarborough wants you to believe that the economy of Jimmy Carter’s “Malaise” era was greater than the Trump economy. I swear I am not making this up. The Morning Joe host was set off by Trump’s repeated claims that this is
The bond market and President Trump agree: the Fed should cut rates.
Inflation has been slowing down for the last two months, suggesting that the Fed will not hike rates this year.
The jump in incomes and consumer spending undermines the narrative of an ailing economy that Democrat presidential hopefuls are pushing.
Extremely favorable consumer sentiment level poses a challenge for Democratic presidential hopefuls who the economy is struggling.
The holiday season and surging consumer sentiment is not pushing up prices. Prices received by U.S. businesses were unchanged in November, indicating extremely low inflationary pressure in the economy despite very low unemployment, recent tariff hikes, and rising wages, according
Tariffs weren’t the Grinch who stole Christmas after all. Prices of phones, computers, televisions, and toys are down while wages are up.
A study suggests that the cost of college in the United States has risen 112 percent above inflation over the past four years.