August Inflation Higher Than Expected

Food prices rising faster than other items. The Bureau of Economic Analysis released data on inflation for August which showed the personal consumption expenditure (PCE), excluding food and…

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Commerce Department Reports Trade Deficit Decline

Officials add 1.42 percentage points to GDP in second quarter.  The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced this week that America’s trade deficit…

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Inflation Hits 30-Year High

Numbers are above the Federal Reserve’s target. According to data released Friday by the Bureau of Economic Analysis,  inflation has hit the highest rate in 30 years, fueling…

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