Skanda Amarnath
545 postsSeptember 2024 Core-Cast Post-PCE: Cooler Than We Expected But Still On The Hotter Side
Most of the Personal Consumption Expenditures (PCE) inflation gauges are sourced from Consumer Price Index (CPI) data, but Producer Price Index (PPI) input data is of increasing relevance,...
Breaking Out of Stagnation: US Productivity Growth Is Clearly Beating Pre-Pandemic Trends Right Now
After taking into account data revisions and the Q3 GDP release, productivity growth is running stronger in the post-pandemic period, at about a 2% annualized pace. This stands...