Wholesale trade experienced more than $7.1 trillion in sales in 2021, a greater than 22% increase over 2020 when the industry recorded just over $5.8 trillion in revenues, the U.S. Census Bureau reported Thursday. It was a record year for the industry, also besting the last pre-pandemic year of 2019, which saw roughly $6.1 trillion […]
Category: consumer price index
Wholesale Trade’s Record Year: Sales Increase 22% to $7.1 Trillion
Wholesale trade experienced more than $7.1 trillion in sales in 2021, a greater than 22% increase over 2020 when the industry recorded just over $5.8 trillion in revenues, the U.S. Census Bureau reported Thursday. It was a record year for the industry, also besting the last pre-pandemic year of 2019, which saw roughly $6.1 trillion […]
BLS: Inflation Reaches 40-Year High
U.S. inflation jumped 7.5% over the past year, the highest rate of increase in four decades, the Bureau of Labor Statistics said. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in January on a seasonally adjusted basis, BLS said Thursday. Increases in the indexes for food, electricity and shelter were the largest […]
Consumer Prices Rise 6.8%
The Consumer Price Index rose 6.8% between November 2020 and November 2021, the largest 12-month increase since the period ending June 1982, according to data from the U.S. Bureau of Labor Statistics. Energy prices rose 33.3% over the last year, while food prices increased 6.1%. Gasoline prices rose 58.1%, the largest increase since April 1980. […]
