GLOBAL ECONOMY • Mar 2017 • Volume 5 / Number 12
The Bureau of Labor Statistics (BLS) import price index measures changes in prices of goods purchased from abroad by residents of the United States. The index declined throughout most of 2015 and ended the year with an 8.3-percent decrease from the December 2014 figure. Declines in prices of commodities such as oil, gold, other precious metals, and copper were an important factor behind the fall in the import price index.Read full article » | Download PDF
A tourist walking along Ocean Drive could be excused for thinking Miami residents spend a lot of money on lavish meals, sugary drinks, and alcohol when they see the flashy bars and restaurants along that stretch. However, the spending habits of residents vary greatly from what the presence of these establishments might lead one to think.
Labor productivity growth since the Great Recession