Tag Archive for ‘inflation’

Price Index of Goods Used in Residential Construction Holds Steady

The prices of residential construction materials were unchanged in July, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Increases in prices paid for OSB (+7.0%, not seasonally adjusted) and gypsum products (+2.0%, seasonally adjusted) were offset by declines in softwood lumber (-2.5%, NSA) and ready-mix concrete (-1.5%, SA). July marked the first time… Read More ›

Slightly Longer Hours Worked Makes Up For Faster Inflation

The Bureau of Labor Statistics (BLS) reported that, on a seasonally adjusted basis, headline consumer prices, grew over the month of June, but at a slower pace than in May. The monthly slowdown partly reflected a decline in energy prices, electricity and utility (piped) gas specifically, although food prices accelerated over the month. Excluding energy and food prices, “core” inflation held… Read More ›

Lumber Prices Increase While Gypsum Falls in June

The prices of building materials generally increased in June, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. For the second consecutive month, softwood lumber (+4.0%) led the way, followed by oriented strand board (+2.2%, not seasonally adjusted). Similarly, the indexes for ready-mix concrete (-0.3%) and gypsum products (-0.6%) both declined for the second… Read More ›

Consumer Prices Rise

The Bureau of Labor Statistics (BLS) reported that consumer inflation rose by 0.2 percent in May, similar to its growth rate in April. Both food and energy prices decelerated over the month, but the slowdown in these items was offset by an acceleration in core CPI to 0.2 percent, from 0.1 percent in April. Over the year, headline inflation climbed… Read More ›

Core Inflation Slows in April

Following a decline in March, the Bureau of Labor Statistics reported that consumer prices rose by 0.2 percent over the month of April, largely reflecting energy and food prices as well as shelter prices. Excluding energy and food prices, “core” inflation decelerated from 0.2 percent to 0.1 percent as shelter prices, which represent the largest share of the consumer price… Read More ›

Annual Inflation Accelerates on Monthly Decline

The Bureau of Labor Statistics reported that consumer inflation fell by 0.1 percent over the month of March 2018 following a 0.2 percent increase in February. This is first monthly decrease since May 2017. Energy prices fell by 3 percent over the month as gasoline prices were 4.9 percent lower than their level in February. In contrast, core CPI, which… Read More ›

Broad-Based Price Increases Plague Building Materials in February

Prices paid for building materials increased across the board in February. The indexes for softwood lumber (+5.6%), gypsum products (+4.2%), OSB (+3.1%), ready-mix concrete (+0.4%), and inputs to residential construction less labor (+1.0%) all increased, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The percentage increase in softwood lumber prices (not seasonally adjusted)… Read More ›

Double-Digit Decline in OSB Prices from December to January

Prices paid for softwood lumber (+1.0%), ready-mix concrete (+0.5%), and inputs to residential construction less labor (+1.1%) all increased in January, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The seasonally adjusted indexes for gypsum products and OSB declined by 2.0% and 11.3%, respectively. The steep decline in OSB prices in January comes… Read More ›

Inflation Steady with Growth in January

The Bureau of Labor Statistics reported that a measure of inflation, its Consumer Price Index – Urban Consumer (CPI), rose by 2.1 percent over the past 12 months, similar to the 12-month rate of growth recorded in December. Meanwhile, core inflation, which excludes the more volatile energy and food prices, rose by 1.8 percent, also matching its growth rate in… Read More ›

Core Inflation Remains Steady

Consumer prices, measured by the Bureau of Labor Statistics’ (BLS) Consumer Price Index – Urban Consumer (CPI), rose by 2.1 percent on an unadjusted basis over the 12 months of 2017, and has broadly accelerated from the 1.63 percent reading in June 2017. Energy prices contributed to the increase in the headline measure of consumer inflation, climbing 6.9 percent over… Read More ›