Wednesday, March 02, 2022

Bidenflation Pushes Durable Goods Prices Up Most in 47 Years

Bidenflation Pushes Durable Goods Prices Up Most in 47 Years

The personal consumption expenditures price index for durable goods, products intended to last three years or more, increased one percent from a month earlier in January, the Department of Commerce said. That matched the December increase and, absent last year’s extreme price increases, would have been the largest gain since 1980.

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