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Read these reports to understand the financial forces that affect daily American life. Discover how exports and imports impact US taxes and debt, plus learn about inflation and other economic indicators.
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Current selection: Economy — inflation
Grocery store food prices increased 1.3% from September 2023 to September 2024, and increased 11% from 2021 to 2022 – the largest annual increase in 40 years.
The CPI is a key indicator for the state of the economy.
One of the most common economic indicators helps contextualize how much a dollar can buy.
In 2023, 42% of Americans felt good about the shape of their local economy.
Between 2020 to 2024, motor vehicle insurance rates rose by about 54%.
Americans spent 20% more on retail purchases in December 2022 than they did in December 2012.
Camden, New Jersey, saw a 10.6% increase in home prices this past year, the biggest nationwide increase. El Paso, Texas (10.3%), and Syracuse, New York (9.6%), followed.
In September 2023, 58.2 million Americans received Social Security retirement benefits. Those benefits will increase 3.2% in 2024.
Closely monitored by the Federal Reserve, personal consumption expenditures are an economic indicator that provide greater insight into how Americans earn, save, and spend.
Inflation is declining, but national prices remain over 3% higher than last year — with people in the Southeast the most impacted.
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