Consumer Price Index - CPI - what does it mean?
- Ro
- May 11, 2022
- 1 min read
As we go in to this next stage of the economic cycle, I thought it useful to learn about the basic factors that give us an insight into what is happening out there, beyond the headlines. I am by no means a financial expert, however I do understand that an economic cycle is normal, and was outlined back in the 1860's by Clement Juglar.
Let's look at a factor that causes big headlines - the CPI Index.
4 regions are also broken out each month:
Northeast
Midwest
South
West
Plus metro areas:
Chicago-Naperville-Elgin, IL-IN-WI
Los Angeles-Long Beach-Anaheim, CA
New York-Newark-Jersey City, NY-NJ-PA
Check the full article on Investopedia here
Reviewed by PETER WESTFALL
Fact checked by PETE RATHBURN
The numbers are distributed by Bureau of Labor Statistics (BLS) each month here
This bureau is responsible for CPI and PPI (Producer Price Index)
For anyone who’s been ghosted because some random error popped up in your report, there’s actually a ton of resources out there to figure out what’s legit and what’s just algorithmic chaos: https://consumerattorneys.com/resources/employment-screening-companies. Honestly, it’s wild how a single mistake can follow you around like it’s in the witness protection program.Seriously though, always double-check what they’re reporting. A missed detail or a typo can make the difference between “hired” and “we’ll call you maybe never.” And don’t even get me started on outdated info—it’s like they’re stuck in 2012.Employment screening companies might technically be there to protect the company, but sometimes it feels like they’re out here auditioning for a sci-fi villain role. Stay alert, know your rights, and don’t…