January 16, 2013 Consumer prices rose just 1.7 percent in 2012, the Bureau of Labor Statistics reports. That's about half the pace of 2011 — when prices went up 3 percent. A sharp slowing in the increase of gas prices was a major factor. The news means interest rates will likely stay low.
January 15, 2013 Consumers were still in a spending mood in December, even as lawmakers battled over the budget. Meanwhile, wholesale prices fell slightly. Those are both good signs for the economy.
November 15, 2012 The storm threw some people onto unemployment rolls and shut down some state offices the previous week — meaning some laid-off workers couldn't file their claims until last week.
September 5, 2012 Why inflation is still low, even as the price of some commodities is rising.
August 15, 2012 "When prices go up, they notice it. When prices go down, they don't care."
August 15, 2012 A sluggish economy has kept prices from rising. But a recent uptick in the price of gasoline and the effects of this summer's drought on food costs could put some upward pressure on inflation in coming months.
August 14, 2012 The gain could be a sign that consumers are growing more confident.
June 13, 2012 Wholesale prices fell 1 percent in May from April thanks to an 8.9 percent plunge in the price of gasoline.
May 15, 2012 Dropping gas prices helped hold inflation down. Meanwhile, April consumer spending may have been slowed because warm weather in March encouraged folks to get out their wallets then.
April 13, 2012 The news that consumer prices rose a relatively modest 0.3 percent in March from February supports "the view the U.S. Federal Reserve has room to provide more support for the economy if needed," Reuters concludes.
March 16, 2012 A spike in gasoline prices fueled the increase. The so-called core rate of inflation remained in check.
January 19, 2012 First-time claims for unemployment insurance plunged by 50,000 last week from the week before, to 352,000. They're now near a four-year low.
January 18, 2012 That's up from 2010's 3.8 percent rate. Not surprisingly, food and energy products were a major reason for the faster pace. Excluding those groups, wholesale prices of finished goods rose 3 percent last year.
January 4, 2012 The cost of budget-friendly foods like ground beef, potatoes, and eggs soared 10 percent over the past year, pinching household budgets even harder. Blame bad weather, export competition, and the fact that more people are cooking at home to save money. This year may be a bit better, but not much.