I just spent some quality time poring over the latest Consumer Price Index (CPI) tables, which are reported each month by the Bureau of Labor Statistics and determine the U.S. inflation rate. According to the release, prices for urban residents have risen 4.0% over the past year, and it's fun to look at the different numbers and see how they contribute to the overall result.
For example, in the Transportation category (up 8.2%), a dramatic increase in Gasoline prices (26%) is balanced in part by a more heavily-weighted decline in the cost of New vehicles (-1.1%). In the Food and beverages category (up 4.4%), relatively modest increases in Meats, poultry, fish, and eggs (3.8%) and in Fruits and vegetables (1.7%) are counteracted by sharper increases in Cereals and baking products (8.1%) and in Dairy and related products (11%).
Meanwhile, the entire index is pulled lower by something called "Owners' equivalent rent of primary residence," in the Housing category, which accounts for 23.942% of all expenditures and rose 2.6%. I'm a layperson in economics and statistics, but I'm hooked-- I'm looking forward to seeing April's numbers, which come out May 14.
Ok, it’s not just solar powered. It’s also an anti-theft, waterproof marvel that keeps my phone’s power bar from ever getting into the red.Sure the idea seems obvious now – tuck a gigantic solar powered battery pack into an exposed slot and turn the wearer into a walking energy harvester. Simple maybe, but I didn’t […]
The office I work in is full of things old people buy to make themselves feel young again. I can honestly say that our awesome new toy, The Swagtron T3 Hoverboard, makes me feel very, very old. I’ll explain why later. Swagtron T3 Pros There’s no way to overcharge the battery and that means no […]
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Although there will never be a consensus about the best way to make coffee, any coffee connoisseur will agree that controlling the grind of your beans and balancing water temperature are the keys to a tasty cup. Since your plastic coffee pot doesn’t really allow for that kind of customization, going back to the French […]