ariMarketing News
Thursday, June 1, 2023
Want Traffic?
  • Home
  • Entrepreneurship
  • Marketing
    • Digital Marketing
    • Mobile Marketing
    • Content Marketing
    • B2B Marketing
    • B2C Marketing
    • Email Marketing
    • Video Marketing
  • Social Media
  • SEO
  • AI
  • Graphic Design
  • PR
  • Videos
  • More
    • Sales Conversion
    • Website Development
    • Traffic/Lead Generation
No Result
View All Result
  • Home
  • Entrepreneurship
  • Marketing
    • Digital Marketing
    • Mobile Marketing
    • Content Marketing
    • B2B Marketing
    • B2C Marketing
    • Email Marketing
    • Video Marketing
  • Social Media
  • SEO
  • AI
  • Graphic Design
  • PR
  • Videos
  • More
    • Sales Conversion
    • Website Development
    • Traffic/Lead Generation
No Result
View All Result
ariMarketing News
No Result
View All Result
  • Marketing
  • Social Media
  • SEO
  • Entrepreneurship
  • AI
  • Graphic Design
  • Public Relations
  • Sales Conversion
  • Website Development
  • Traffic/Lead Generation
  • Videos
Home Entrepreneurship

Housing Measure In CPI Jumps By Most In One Month Since 1991

September 14, 2022
in Entrepreneurship
107 3
A A
0
21
SHARES
689
VIEWS
Share on FacebookShare on Twitter

Housing and lodging have gone bananas.

According to the consumer price index for August, which was released Tuesday, shelter prices went up 0.7% from July to August 2022.

That is the largest one-month jump that measurement has had since 1991, according to an Axios Macro newsletter.

The newsletter’s author, Neil Irwin, summed it up: “The rent, it is imminently reasonable to say, is too damn high,” he wrote.

Shelter prices up 0.7%, a new high for this cycle. Last reached that in 1991.

The rent, it is imminently reasonable to say, is too damn high.

— Neil Irwin (@Neil_Irwin) September 13, 2022

This month’s CPI, which measures the average change over time of the price of a basket of goods and services for an urban consumer, was somewhat of a letdown after the overall CPI was unchanged in July — making many feel the economy is still on a runaway inflation train.

“The August CPI is a reminder that we don’t always get what we want,” Mark Hamrick, senior economic analyst at Bankrate, said in an emailed press release.

The CPI increased by 0.1% from July to August. This year to date, on all the items the CPI measures, from gas, to food, to rent, the CPI has gone up 8.3% before seasonal adjustment.

“These numbers represent pricing pain for consumers and pressures for businesses trying to manage through them,” Hamrick added.

Seventy-five percent of 1,479 small businesses surveyed through Goldman Sachs’ 10,000 Small Businesses Program said inflation has negatively impacted their businesses’ health over the past six months.

By many measures, rent prices have been increasing all over the country, from Manhattan, where rent broke $5,000 a month average in June for the first time, to Austin, to Boise.

The CPI’s shelter measurement includes rent prices for those who rent, owners’ equivalent rent (OER) for those who own their homes, and costs to get “lodging away from home,” among other factors.



Read the full article here

Tags: Business NewsCpiNews and Trends

Subscribe to our mailing list to receives daily updates!

We won't spam you

Previous Post

It’s Your Fault You’re Stuck

Next Post

Big Marketing Mistakes Businesses Must Stop Making

Related Posts

LinkedIn emphasizes the power of networking in global push
Entrepreneurship

LinkedIn emphasizes the power of networking in global push

May 30, 2023
Invisalign rejects the hassle of braces for creator-led social media push
Entrepreneurship

Invisalign rejects the hassle of braces for creator-led social media push

May 26, 2023
At Brandcast, YouTube weds power of NFL to creators like MrBeast
Entrepreneurship

At Brandcast, YouTube weds power of NFL to creators like MrBeast

May 18, 2023
Pepsi presses play on summer with Bad Bunny, Apple Music
Entrepreneurship

Pepsi presses play on summer with Bad Bunny, Apple Music

May 18, 2023
NYX celebrates LGBTQIA+ gaming communities in new Pride campaign
Entrepreneurship

NYX celebrates LGBTQIA+ gaming communities in new Pride campaign

May 16, 2023
Candy Crush ‘candifies’ the Jonas Brothers for gaming tie-up
Entrepreneurship

Candy Crush ‘candifies’ the Jonas Brothers for gaming tie-up

May 11, 2023
Leave Comment

Subscribe to our mailing list to receive updates and special offers!

We will NOT span you!

Check your inbox or spam folder to confirm your subscription.

Latest Articles

Wendy’s and T-Pain remix ‘Buy U A Drank’ for Frosty push

Wendy’s and T-Pain remix ‘Buy U A Drank’ for Frosty push

June 1, 2023
Heinz honors ‘irrational’ fan love in first unified global brand platform

Heinz honors ‘irrational’ fan love in first unified global brand platform

June 1, 2023
New releases for AI-powered marketing technology | MarTech

New releases for AI-powered marketing technology | MarTech

June 1, 2023
IPG turns on quantum computing to supercharge campaign optimization

IPG turns on quantum computing to supercharge campaign optimization

June 1, 2023
Developing Authentic Pride Month Marketing Strategies & Inspiring Digital Campaign Examples

Pride Month Marketing Strategies and Inspiring Digital Campaign Examples

June 1, 2023
ariMarketing News

Latest Marketing and Entrepreneurship news and articles from the most trusted sources, follow us to get the latest news and tips directly to your inbox.


Learn more

Sections

  • Artificial Intelligence
  • B2B Marketing
  • B2C Marketing
  • Content Marketing
  • Digital Marketing
  • Email Marketing
  • Entrepreneurship
  • Graphic Design
  • Mobile Marketing
  • Public Relations
  • Sales Conversion
  • SEO
  • Social Media
  • Traffic/Lead Generation
  • Uncategorized
  • Video Marketing
  • Videos
  • Website Development

Newsletter

Subscribe to our mailing list to receive updates and special offers!

We will NOT span you!

Check your inbox or spam folder to confirm your subscription.

  • Privacy
  • Terms
  • Press Release
  • Advertise
  • Contact

© 2022 ariMarketing - All rights reserved.

No Result
View All Result
  • Home
  • Entrepreneurship
  • Marketing
    • Digital Marketing
    • Mobile Marketing
    • Content Marketing
    • B2B Marketing
    • B2C Marketing
    • Email Marketing
    • Video Marketing
  • Social Media
  • SEO
  • AI
  • Graphic Design
  • PR
  • Videos
  • More
    • Sales Conversion
    • Website Development
    • Traffic/Lead Generation

© 2022 ariMarketing - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.