San Antonio Finance News

The Producer Price Index (PPI)

See Producer Price Indexes from the Bureau of Labor Statistics (BLS):"The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the...

Are we waiting for a "Godot" recession that might never arrive?

Economists have talked about a "Goldilocks" economy, one where there is just the right enough aggregate demand to put us at the full-employment GDP so that there is some economic growth and inflation and unemployment both stay low (see graph at the end of this...

Inter-industry competition can affect labor markets.

See Cooler Pay Gains Add to Debate on When Fed Might Pause Rate Hikes by Gabriel T. Rubin and Nick Timiraos of The WSJ. Excerpts: "Eric Sedensky, facility and operations manager at American Leakless Co., got a more than $4,000 raise at the end of last year—the...

Why has the price of eggs risen so much?

See Soaring egg prices prompt demands for price-gouging probe by Josh Funk of The Associated Press. Excerpts: "The spike in egg prices has been attributed to the millions of chickens that were slaughtered to limit the spread of bird flu and farmers having to...

Why inflation might be coming down

In yesterday's post I said the Consumer Price Index was up just 0.16% from June to December last year (although that is not seasonally adjusted). But that was after it went up 7.0% in 2021 and was up 6.2% in the first six months of 2022. Here are a couple of...

San Antonio
March 23, 2023, 12:36 am

real feel: 22°C
current pressure: 1010 mb
humidity: 83%
wind speed: 9 mph SE
wind gusts: 11 mph
sunrise: 7:34 am
sunset: 7:47 pm
Forecast March 23, 2023

Intermittent clouds
wind speed: 13 mph SSE
wind gusts: 29 mph

Mostly cloudy with thunderstorms
wind speed: 9 mph SSE
wind gusts: 22 mph