Bidenflation - Page 9

The index tracking poultry prices is up 94% compared with a year ago.

It looks like Federal Reserve Chairman Jerome Powell might be the Biden administration’s next fall guy for inflation now that the corporate greed and Putin Price Hike narratives have failed to work.

U.S. consumers are cooling plans to buy big-ticket items or spend on summer vacations.

Another regional Fed report shows deteriorating business conditions.

The prices of food purchased by American households were up by 10 percent in April, the biggest jump in  since 1981. The personal consumption expenditure price index for food consumed off-premises rose one percent compared with the prior month, a

Inflation has pulled down both the assessment of current conditions and expectations for what is still to come.

Pending home sales fell by more than twice what was expected.

April’s orders for longer-lasting manufactured goods were below expectations. This may foreshadow an even deeper slowdown for U.S. factories that appears underway in May.

Leaked documents reportedly show that Amazon employees are quitting at twice the rate of recent years due to low pay and increased competition. The documents show that “regretted” attrition, the loss of employees that Amazon wanted to keep, has reached more than 12 percent, or double the recent average.

The latest evidence that U.S. factory activity is contracting in May.

A sharp slowdown in home sales can be a tell-tale sign that an economic slump is lurking ahead.

Joe Biden is discovering a political truth that no president has had to confront in decades: Americans hate inflation.

Seventy percent of Americans disapprove of Biden’s handling of inflation.

The Fed’s first hike in March did not appear to slow growth in April, raising the risk that inflation will remain high.

Texas to the rescue!

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.

The average price for a gallon of regular gas set records again Friday as the Biden administration continues to deflect responsibility.

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.

Commercial Fishermen are feeling the effects of President Joe Biden’s economy as the price of diesel, a fuel widely used by commercial fishermen, has skyrocketed in the New England region, according to a report. 

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 worst reading since the depth of the early days of the pandemic and lockdowns.

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.