The Consumer Price Index (CPI) rose 2.1% year-over-year (YoY) in February 2011, in line with Econintersect’s expectations.
Tag Archives: energy
PPI Does Not Look Good
Price increases from food and energy are becoming endemic within the supply chain, driving PPI up sharply in February 2011.
Michigan Consumer Sentiment Index: Best Level in Over Three Years
The University of Michigan Consumer Sentiment Index final report for February came in at 77.5, the highest level since January 2008. The February number beat the Briefing.com consensus expectation of no change from the 75.1 in the February preliminary report.
The Loss of American Manufacturing Jobs: The Reasons Are Not Just “Unfair Labor Practices Abroad”
The ultimate reason for loss of American jobs is global labor competition. It is an oversimplification to attribute job loss to excessive imports.
Environmental and Energy Economics
Numerous federal policies are directed at the reduction of gasoline consumption, with the aim being to improve environmental quality and to reduce oil imports. Recent research covers a range of such policies, including gasoline taxes, fuel-efficiency regulation, and alternative fuel subsidies.