Friday, March 1, 2024

Consumer prices are still 17% higher than they were three years ago; Fourth-quarter GDP numbers were revised down

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government’s initial estimate

Snippet of Article: "...Stripping out volatile food and energy prices, so-called core inflation was up 2.1% ...consumer prices are still 17% higher than they were three years ago."

Source: apnews.com

GDP DATA Revision, Inflation Up in Jan. 2024,