Inflation is up
> The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February
via BLS
Earnings almost kept pace
> Real average hourly earnings for all employees were unchanged from February to March, seasonally adjusted… This result stems from an increase of 0.3 percent in average hourly earnings combined with an increase of 0.4 percent in the Consumer Price Index
via BLS
An economic research group is
> forecasting another 5% surge in home prices this year.
via Business Insider
Consumers feel like their money doesn’t stretch as far and their dreams are getting more expensive.
Or, as this tweet featured in DTC Daily puts it:
