◀ The Principal Blog

Posts tagged ‘consumer spending’

Medical Care Inflation Fact and Fiction



Healthcare costs are a key issue for Americans. Mylan’s CEO Heather Bresch recently faced some tough questions from Congress over the increase in price of the Epipen — a drug used to treat severe allergic reactions — from the reasonable $100 in 2007 to the absurd $600 plus today. Former drug…

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What Ever Happened with the Payroll Tax Increase?



As you may recall, earlier this year, payroll taxes in the U.S. went up by 2% and I discussed how that tax increase could potentially affect spending.  Well, we’re done with first quarter, so how have consumers reacted to that $16 less (based on average weekly earnings on non-farm payrolls) in…

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