3 ms·
where did you get 1.9% inflation from? This indicates 2.9%: https://www.usinflationcalculator.com/inflation/current-inflation-rates/ https://www.usinflationcalc
by rgbrenner 8y ago
where did you get 1.9% inflation from? This indicates 2.9%:
https://www.usinflationcalculator.com/inflation/current-inflation-rates/ https://www.usinflationcalculator.com/inflation/current-infl...
And if you use the constant dollar report from the bls, it says wages decreased by -0.1% (for all civilian workers):
https://www.bls.gov/web/eci/ecconstnaics.pdf https://www.bls.gov/web/eci/ecconstnaics.pdf
So according to the BLS, you've actually overstated the increase.. there was no increase in inflation adjusted pay.
- gimmeThaBeet 8y agoCore PCE (ex-food and energy) was 1.9% https://fred.stlouisfed.org/series/PCEPILFE https://fred.stlouisfed.org/series/PCEPILFE Core CPI was 2.2% (this is usually what the fed prefers) https://fred.stlouisfed.org/series/CPILFENS https://fred.stlouisfed.org/series/CPILFENS I got 2.8% for CPI total (it looks like this is what your website is using) https://fred.stlouisfed.org/series/CPIAUCSL https://fred.stlouisfed.org/series/CPIAUCSL