There’s been a lot of discussion of overcapacity in Chinese production, and the resulting pressures in US and other markets. Here’s a picture of the Chinese real exchange rates.
Author Archives: Menzie Chinn
Have Wisconsin Inflation Adjusted Total Wages and Salaries Risen since 2021Q1?
Yes, using either Chained CPI, or East North Central CPI:
Should Wisconsinites Trust the JEC-Republicans State Inflation Tracker?
I’m not sure what it brings to the debate (see PolitiFact Wisconsin, WisconsinWatch).
Real Median Household Income for March
Wisconsin Economic Activity and Inflation
Latest employment, coincident indices:
Business Cycle Indicators, Mid-April
Industrial production continues to rise, while February monthly GDP erased January’s decline.
US-China Nominal GDP, Per capita GDP in PPP Terms
From IMF WEO:
Higher for Longer, Illustrated
From Rashad Ahmed today:
Best Proposed Amendment *Ever*
Filed today by Rep. Moskowitz:
Different Measures of Consumer Prices
Since 2021M01, the CPI has risen 17.3% (log terms). By comparison, chained CPI and HICP have risen by approximately 16.5%. The PCE deflator has risen only 14.4% by March 2024 – but these are prices of goods and services produced, not of prices faced by consumers.