With the United Kingdom, Canada, and EUstats release of June data, I have updated my comparison graph. [Note, the USA(EU method) is directly from Eurostat]
Friday, September 20, 2024
Comparison of Inflation in selected countries- September, 2024 Edition
Thursday, September 19, 2024
My electricity bills over time (September, 2024 Edition)
My electricity usage over time. I track many things to monitor my inflation versus the CPI.
Wednesday, September 18, 2024
This Week in Petroleum Summary September 18th, 2024 per EIA.GOV
This week's full report.
Gasoline pump prices fell -3.0¢ for the week, and continues well below year ago levels, by -66.8¢, or -17.2%. Days supply edged up to 25. For perspective... last year was 24.8 days.
Tuesday, September 17, 2024
Advance Retail Sales Report- September 17th, 2024
Advance Monthly Sales for Retail and Food Services, August Report.
Advance estimates of U.S. retail and food services sales for August 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $710.8 billion, an increase of 0.1 percent (±0.5 percent)* from the previous month, and up 2.1 percent (±0.5 percent) from August 2023.
Note the numbers are not adjusted for inflation. Keep in mind, the BLS listed the annual inflation rate of 2.5%
First up, the revision history (might need to click on, to up scale)...
The historical numbers, also with adjustments for inflation...
After last month's "stellar" report, which was mostly from revisions and other items, this month is tame.
There were winners and losers, however. The biggest sales numbers come from the auto sector, which faded a bit over the past month in adjusted sales, and is below the annual.
The next biggest sector is food and beverage stores, which also saw a decrease in adjusted sales. General merchandise continued that trend, with department stores sales for adjusted monthly and annual falling.
Food services and drinking establishments held steady for the monthly adjusted.
Mail order companies, continue to outpace nearly all others.
Saturday, September 14, 2024
2024 Presidential Election Update, September 14th Edition
The race continues to somewhat tighten, with the electoral vote forecast now having Trump/Vance with 245 to 226 for Harris/Walz. The toss-ups are now at 61, with an edge still favoring Trump at 42 and Harris at 19. Thus, Trump at 306 and Harris at 232. 270 is needed to win. 52 days to go.
While Harris finally moved up on the electoral count, it was more of Virginia moving out of the Toss-up range in her favor.
While nothing is firm until after the election... Trump seems to have a firmer grip on 245 EVs, with the following odds in a few other states.
- Pennsylvania - 19 EVs... Trump odds of winning - 89%
- Michigan - 16 EVS... Trump odds of winning - 86%
- Arizona - 11 EVs... Trump odds of winning - 80%
- Georgia - 16 EVs... Trump odds of winning - 69%
Harris has whittled away at what was once a commanding Trump lead, but can that pace continue over the next 52 days?
Now the question is whether I will continue to track all this, as my several of my files have become corrupted, and several attempts to restore them have failed. So do I go back to square 1?
Thursday, September 12, 2024
PPI September 2024 release with August 2024 Data
The BLS has released the September 2024 Producer Price Index Report for the month of August. (historical releases)
The Producer Price Index for final demand increased 0.2 percent in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in July and rose 0.2 percent in June. (See table A.) On an unadjusted basis, the index for final demand advanced 1.7 percent for the 12 months ended in August.
The August rise in the index for final demand can be traced to a 0.4-percent increase in prices for final demand services. The index for final demand goods was unchanged.
Wednesday, September 11, 2024
This Week in Petroleum Summary September 11th, 2024 per EIA.GOV
This week's full report.
Gasoline pump prices fell -6.4¢ for the week, and continues well below year ago levels, by -57.9¢, or -15.1%. Days supply edged up to 24.7. For perspective... last year was 24.8 days.
BLS Data Dump. Real Earnings - September 11th, 2024
On to the Real Earnings.
Harkening back to February 2020, when the real hourly rate was $11.02, that rate is now $11.21 for hourly- private non farm payrolls, seasonally adjusted...
Whereas real weekly earnings for that same cohort has moved from $378.92 to $384.47, up from last month...
BLS Data Dump. CPI - September 11th, 2024
First up is the BLS Report for CPI...(historical releases)
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.5 percent before seasonal adjustment.
The index for shelter rose 0.5 percent in August and was the main factor in the all items increase. The food index increased 0.1 percent in August, after rising 0.2 percent in July. The index for food away from home rose 0.3 percent over the month, while the index for food at home was unchanged. The energy index fell 0.8 percent over the month, after being unchanged the preceding month.
The 2.53% is finally below the 2.62% of March, 2021, but still above the 1.68% of February, 2021.
Here is the unadjusted CPI for the past 12 months...
Saturday, September 7, 2024
2024 Presidential Election Update, September 7th Edition
The race continues to somewhat tighten, with the electoral vote forecast now having Trump/Vance with 245 to 213 for Harris/Walz. The toss-ups are now at 80, with an edge favoring Trump at 61 and Harris at 19. Thus, Trump at 306 and Harris at 232. 270 is needed to win. 59 days to go.
Harris slipped in Georgia and held steady in Nevada. 538 has Harris with a +3.1 margin nationally, whereas I have Trump with a +0.4 lead.
It should be pointed out that Clinton was polling a +3.9 point lead nationally, just before the 2016 election. Although it should be pointed out that she lost the electoral count, due to less than 100K votes in selected states. Also, Trump lost the 2020 electoral count also, by less than 100K votes in selected states. An election that had Biden leading in the polls by +8.4 points.
It is the electoral count that matters. AS of right now... Trump has the edge.
Next week brings on a debate. Doubtful that the polls would include results from after the debates... for a couple of weeks.
In a boring stage of the polling, imho.
Thursday, September 5, 2024
This Week in Petroleum Summary September 5th, 2024 per EIA.GOV
This week's full report.
Gasoline pump prices fell -0.9¢ for the week, and continues well below year ago levels, by -50.3¢, or -13.2%. Days supply edged up to 24.0. For perspective... last year was 23.8 days.
Comparison of Inflation in selected countries- September, 2024 Edition
With the United Kingdom, Canada, and EUstats release of June data, I have updated my comparison graph. [ Note, the USA(EU method) is direct...
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My electricity usage over time. I track many things to monitor my inflation versus the CPI. The July bill came in much higher than last year...
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The race continues to somewhat tighten, with the electoral vote forecast now having Trump/Vance with 229 to 213 for Harris/Walz. The toss-up...
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It has been said that opinions are like a$$holes... everyone has one. The race has tightened, so pucker up! Overall, Harris has taken the le...