The Lehigh Valley set a median sales price record in March as buyers continued to compete over limited inventory.
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Tag Archives: inflation
Rents and mortgages continue to increase nationally
U.S. renters and homeowners took a record hit in the pocketbook this past year, Redfin reported.
Read More »Diesel price increases will cost consumers and slow delivery of goods
The trucking industry is vital to the supply chain across the nation. As diesel prices rise, and they have been rising fast, the cost of moving goods is also increasing. That increased cost is being passed along from shipper to hauler to receiver, and ultimately, to the consumer.
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PERSPECTIVE: Retirement-bound investors, it’s time to review your 401(k)
As older workers transition their aggressive investments to more conservative investments, they now face historically low interest rates. Interest rates have been falling since the 1981 when the 10-year-government bond rate peaked at 13.92%. The current 10-year government bond rate sits at about 1.5%.
Read More »U.S. inflation likely to remain elevated for up to four years – BofA
BofA expects U.S. inflation to remain elevated for two to four years, against a rising perception of it being transitory, and said that only a financial market crash would prevent central banks from tightening policy in the next six months.
Read More »Republicans point to inflation in bid to retake Congress
Gas prices have whizzed past $3 per gallon in much of the nation. The cost of used cars and new furniture, airline tickets, department store blouses, ground beef and a Chipotle burrito are on the rise, too.
Read More »Key inflation indicator records biggest jump on record
Another key inflation indicator flashed a warning sign in May: Producer prices jumped a record amount last month.
Read More »Reopening U.S. economy fuels inflation, labor market recovery
U.S. consumer prices rose solidly in May, leading to the biggest annual increase in nearly 13 years as a reopening economy boosted demand for travel-related services, while a global semiconductor shortage drove up prices for used motor vehicles.
Read More »Another jump in prices tightens the squeeze on US consumers
American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008.
Read More »Burger King owner sees ‘significant inflation’ for beef and mayo
The owner of Burger King and Popeyes sees prices for key ingredients like beef, mayonnaise and bacon soaring amid higher demand and supply constraints, according to an internal report.
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