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inflation

Jun 8, 2023

Fed eyes ‘skip’ in rate hikes

A 'skip' serves as compromise.

Dec 19, 2022

Inflation, unemployment, the housing crisis and a possible recession: Two economists forecast what’s ahead in 2023

With the current U.S. inflation rate at 7.1%, interest rates rising and housing costs up, many Americans are wondering if a recession is looming.

Aug 18, 2022

OPINION: Sweetheart union deal will undermine Inflation Reduction Act’s clean-energy agenda

As President Joe Biden signed the so-called Inflation Reduction Act of 2022, taxpayers, construction industry small businesses and climate change activists are sounding alarms about controversial labor policies in the […]

Aug 17, 2022

US retail sales were flat in July as inflation takes a toll

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.

Aug 12, 2022

Inflation a factor as WisDOT estimates cost for highway repairs $62.3 million higher

The cost of repairing Wisconsin’s highways is now projected to be higher than in previous estimates as inflation continues to put upward pressure on materials and fuel prices, the top Wisconsin transportation official said this week. 

Aug 9, 2022

US inflation will likely stay high even as gas prices fall

Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.

Jul 26, 2022

US economy sending mixed signals: Here’s what it all means

The U.S. economy is caught in an awkward, painful place. A confusing one, too.

Jul 14, 2022

EXPLAINER: Why US inflation is so high, and when it may ease

Inflation's relentless surge didn't merely persist in June. It accelerated. For the 12 months ending in June, the government's consumer price index rocketed 9.1%, the fastest year-over-year jump since 1981.

Jul 13, 2022

US inflation surges again in June, raising risks for economy

U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively -- trends that raise the risk of a recession.

Jun 21, 2022

Inflation taking bite out of new infrastructure projects

The price of a foot of water pipe in Tucson, Arizona: up 19%. The cost of a ton of asphalt in a small Massachusetts town: up 37%. The estimate to build a new airport terminal in Des Moines, Iowa: 69% higher, with a several year delay.

Jun 16, 2022

Inflation, the elephant in your next construction dispute or contract negotiation

Inflation is hitting the country hard. Consider this: $1 million in January 2020 has the same buying power as over $1.7 million today, according to the Consumer Price Index Inflation Calculator.

Jun 10, 2022

US inflation hit a new 40-year high last month of 8.6%

The costs of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.

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