@whyrat
@lemmy.worldhttps://finance.yahoo.com/news/feds-preferred-inflation-gauge-shows-prices-increased-in-line-with-wall-streets-expectations-in-july-123535490.html
The latest inflation reading comes as investors debate how much the Federal Reserve will cut interest rates by in September.
https://www.bls.gov/news.release/ppi.nr0.htm
https://www.bls.gov/news.release/empsit.nr0.htm
https://www.bea.gov/news/2024/gross-domestic-product-second-quarter-2024-advance-estimate
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024 (table 1), according to the "advance" estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP increased 1.4 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to “Source Data for the Advance Estimate” on page 3). The “second” estimate for the second quarter, based on more complete source data, will be released on August 29, 2024.
https://www.bea.gov/news/2024/gross-domestic-product-first-quarter-2024-advance-estimate
Real gross domestic product (GDP) increased at an annual rate of 1.6 percent in the first quarter of 2024 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP increased 3.4 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to “Source Data for the Advance Estimate” on page 3). The “second” estimate for the first quarter, based on more complete source data, will be released on May 30, 2024.
https://www.brookings.edu/articles/us-disinflation-and-the-covid-19-supply-shock/
Supply chain disruptions from the COVID-19 pandemic are still being felt today, Robin Brooks, Peter R. Orszag, and William E. Murdock III explain.
https://www.bls.gov/news.release/cpi.nr0.htm