◀ The Principal Blog

Battle of the Dueling Price Indexes



In this blog post, I would like to discuss the widening gap between core Consumer Price Index (CPI) and Personal Consumer Expenditure (PCE) inflation. In April, the core (ex-food and energy) CPI increased at the fastest monthly pace since August 2011, 0.3%. Year over year, core CPI inflation…

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May Jobs Report – Strong Job Growth



The May jobs report came out on Friday, June 5, 2015. The report showed strong job growth, adding 280,000 jobs in May. The unemployment rate ticked up to 5.5% because the labor force participation rate increased, so the increase in unemployment was for the right reason. Here are my thoughts on the…

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