Metro East REIA
- Sep 26, 2022
- 1 min read

CPI Says Food Prices See Highest Increase Since Carter Years

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% in August, 2022. However, the all items index was up 8.3% for the 12 months ending in August. The CPI’s food index increased 11.4% over the past year, the largest 12-month increase since the Carter Years. Continue reading HERE...

Recent Posts

See All

Zumper’s National Rent Report for November ’23

Rental information site Zumper recently released their latest monthly National Rent Report for November, 2023. According to their data, median rent for 1-bedroom apartments was $1,499 (down 0.4% from

U.S. Construction Spending Up 0.6% in October

The U.S. government is reporting that total construction spending in October, 2023 was at a seasonally adjusted annual rate of $2027.1 billion, which is 0.6% higher than September’s revised estimate a

S&P CoreLogic Case-Shiller Index Continues to Rise

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual change for September, 2023. Their 10-City Composite increased 4.8% and their 20-City Composite increase