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Inflation
235 postsSigns of Slowing: Measuring Wages in Core Non-Housing Services
We reconstruct the White House’s core non-housing services wage index. We walk through the construction of this series, which is available for premium donors.
Causal Theme: By the Fed's "Core Services Ex Housing" Logic, The Fed's Inflation Narrative Is Due For Revision
Summary: If we focus on the domestic labor that contributes to "Core Services Ex Housing PCE" output, we see that wage growth is no longer looking...
Supply Chain Monitor: April 2023
At Employ America, we have argued that shortages of physical productive capacity played a major role in the inflation seen during and after the recovery from the pandemic...
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