Alternative inflation rate may offer more accurate economic guidance

Consumer prices may be more volatile than are represented in current inflation indexes, which are used to guide a range of economic decisions, including guidance on interest rates and Social Security cost-of-living adjustments, ...

Consumer confidence posts a significant gain in September

Consumer confidence improved substantially in September due to more favorable prospects for the national economy, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University of ...

Role of retail chains in inflation measurement and price dynamics

A study by Columbia Business School Professor Emi Nakamura, Chazen Senior Scholar at The Jerome A. Chazen Institute of International Business at Columbia Business School and David W. Zalaznick Associate Professor of Business, ...

How new online tool accurately measures inflation

Inflation is a crucial economic indicator, since rising prices can hurt consumers and trigger political discontent. It is also hard to measure. In the United States, Bureau of Labor Statistics employees track over 20,000 ...

No need to worrry about deflation -- yet, economist says

A University of Illinois economist says consumers and investors concerned about the specter of deflation looming over an already bleak economic landscape should relax - for the time being, at least.