December 2022 Inflation Eased but otherwise the economy is awful
[BLS] CPI-U for Dec -0.1%
CPI-U minus food and fuel +0.3%
CPI=U year over year +6.5%
CPI-U year over year minus food and fuel +5.7%
from the Labor Stats,
Year over Year Real Earnings -1.1% per hour
Year over Year Real Earnings adjust for ave workweek -2.0%
Year over Year Productivity not available yet but likely will be negative also.
In summary a not too bad ending to an awful year economically.
Posted by: lord garth 2023-01-13 |