muses of the moment

May 18, 2012

John Williams with shadowstats.com

Filed under: Inflation, John Williams shadowstats, Odds 'n ends — Tags: — totallygroovygirlfriday @ 2:05 pm

gg has been away from the computer for a few days.

Here are some summaries from John Williams on the recent official stats.

– “Core” CPI-U Inflation Hits Cycle High
– April Year-to-Year Inflation Softens: 2.3% (CPI-U), 2.4% (CPI-W), 9.9% (SGS)
– Real Average Weekly Earnings in Ongoing Year-to-Year Decline
– Retail Sales Were Stagnant, Statistically Insignificant

Click here for public comment on inflation stat. John explains the way inflation used to be calculated and how it is now calculated.

– Unusually Unstable Production Reporting
– Housing Starts Stagnation at Slightly Higher Plateau

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