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| Economy |
| Not so good economic news: PPI ticks up instead of down - |
| 2023-02-17 |
| [BLSgov] The Producer Price Index for final demand increased 0.7 percent in January. Prices for final demand goods advanced 1.2 percent, and index for final demand services moved up 0.4 percent. Prices for final demand rose 6.0 percent for the 12 months ended January 2023. was supposed to be +0.4 still probably only a 25 basis point increase in the Fed Fund rate but chances for a 50 point increase are higher than they were |
| Posted by:lord garth |
#15
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| Posted by: badanov 2023-02-17 20:37 |
| #14 There has not been ANY carrots in my grocery store for the last 4 weeks. Manager says they can't get them. |
| Posted by: Deacon Blues 2023-02-17 20:08 |
| #13 Something I was pricing at $699 two years ago, priced at $799 two months ago, and now $849. No change in the formula. Formula and suggested price basically matched two years ago. Suggested price is now about 12% more than my formula price. |
| Posted by: swksvolFF 2023-02-17 14:19 |
| #12 This is really not good news. Once inflation gets going, it is very hard to stop. The Fed is a bit late to the party, but they do appear to be serious. We'll know if they do increase rates at least 1/2 percent, as two of the governors hinted very strongly yesterday that they would. Of course, all bets are off until after we see the February inflation numbers--the last before the Fed Open Market Committee meets again in March 20. |
| Posted by: Tom 2023-02-17 08:56 |
| #11 Just checked The COVID-19 vaccines authorized by FDA are not manufactured using egg products or technology. So the 12.7 + billion C-19+ doses administered worldwide did not affect egg inventory. However, the typical flu vax does. |
| Posted by: NN2N1 2023-02-17 08:17 |
| #10 I seem to remember some companies raking in massive profits 2020-2021 aka during the Fauci Flu lockdowns as well. It's all going according to plan. |
| Posted by: DooDahMan 2023-02-17 07:18 |
| #9 Eggs are used in vaxx production. |
| Posted by: M. Murcek 2023-02-17 07:11 |
| #8 BTW: Why is it, America’s largest egg producer, saw a 600% jump in profits in the last quarter. IF their production costs have risen to the levels they claim, and were just passed on in the form of HIGHER egg prices? |
| Posted by: NN2N1 2023-02-17 07:05 |
| #7 My neighbor's place? Can I help? |
| Posted by: M. Murcek 2023-02-17 06:44 |
| #6 @#1 - Feds to crack down (or burn down) your neighbors place in 5...4...3.... |
| Posted by: DooDahMan 2023-02-17 06:43 |
| #5 Paid $31K for my 2008 Jeep Liberty. Still running. |
| Posted by: M. Murcek 2023-02-17 06:42 |
| #4 Oh, you can't come down from that $67,000 on the F-150. SEE YA ! |
| Posted by: Besoeker 2023-02-17 06:39 |
| #3 We could eventually revert to a very local economy, the opposite of gerbilization. Hardest hit, big blue city, better than you (in their own minds) snobs. |
| Posted by: M. Murcek 2023-02-17 06:35 |
| #2 ^ Yes. Your neighbor does not have the inflationary costs of licensing and shipping. |
| Posted by: M. Murcek 2023-02-17 06:33 |
| #1 Laughing at even discount store prices and we are buying 18% to 20% less. Recently took Store bought eggs @ $5.45 a DZ, when you can find them, off the shopping menu. Now buying eggs from a Hispanic neighbor for $2.50 dz, and he said he is making a profit at that price. |
| Posted by: NN2N1 2023-02-17 06:25 |