70 days ago • Posted by William Ramstein

USA CPI inverted bell curve in 2020

Urban averages in the US Consumer Price Index show upswings according to the Bureau of Labor Statistics. An increasing CPI and the lowering strength of the US dollar pains domestic consumption in the short run, and usually hinders employment performance. Negative effects on small business, consumer welfare, and a variety of elastic consumer markets who adversely react to increasing prices. Source; data.bls.gov