Inflation

Growth in Hoosier wages lagging inflationRestricted Content

April 12, 2014
Dan Human
Pay raises were a pipe dream for many Hoosiers last year—as the median wage in Indiana inched up 0.8 percent, to $31,990, according to federal data released this month.
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'12 Days of Christmas' items top $114,000

December 2, 2013
Associated Press
The price of lords-a-leaping and ladies dancing has spiked this holiday season, but other items mentioned in the carol "The Twelve Days of Christmas" still cost the same as they did last year.
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Items in '12 Days of Christmas' increase to $107,000

November 26, 2012
Associated Press
If you get buy all 364 items repeated throughout "The Twelve Days of Christmas" carol, you'll pay 6.1 percent more this year, according to the so-called Christmas Price Index that PNC Wealth Management updates annually.
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Bernanke: Economy growing much too slowly to put people back to work

October 1, 2012
J.K. Wall
Federal Reserve Chairman Ben Bernanke told a local lunch crowd that he expects the economy to keep growing, but he said the growth is so slow that it could create a "permanent group" of underemployed Americans.
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Rising gas prices put a crimp in Americans' spending

September 16, 2012
Associated Press
The Federal Reserve this week took steps to boost economic growth. But those stimulus measures are also pushing oil prices up. If gas prices follow, consumers will have less money to spend elsewhere.
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Cost of Thanksgiving meal jumps 13 percent on food inflation

November 10, 2011
Bloomberg News
The cost of a Thanksgiving dinner in the U.S. will jump 13 percent this year, the biggest gain in two decades, as prices rose for everything from turkey to green peas to milk, the American Farm Bureau Federation said.
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Economy growing at slowest pace since recession

July 29, 2011
Associated Press
The economy expanded at a meager 1.3-percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest since the recession ended two years ago.
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HICKS: Inflation delays visit, but it'll arrive eventuallyRestricted Content

December 18, 2010
Mike Hicks
All economists know that, at its core, inflation is caused solely by too much money chasing too few goods.
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Cost of '12 Days of Christmas' items soars 10.8 percent

November 29, 2010
Associated Press
Trying to buy the items repeated in the song's verses would cost $96,824—10.8 percent more than last year due to rising gold prices and higher pay for nine dancing ladies.
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Indianapolis law firms raising rates again

May 15, 2010
Scott Olson
Recession's over. Time for law firms to get cracking on raising rates again. As was the case before the recession, the increases are outstripping inflation.
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HICKS: Courage will be necessary to curb inflationRestricted Content

March 6, 2010
Mike Hicks
Inflation causes lenders to raise interest rates. Businesses slow their borrowing, produce less and require fewer workers. Within a year or so, inflation becomes everyoneâ??s problem.
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Weather blamed for unexpected rise in jobless claims

February 25, 2010
Associated Press
New claims for unemployment benefits jumped unexpectedly last week, mostly because state agencies processed a backlog of claims caused by snowstorms the previous week.
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Top local money managers hedge against stagflationRestricted Content

November 21, 2009
Peter Schnitzler
Faced with the potential for another bout with stagflation, investment managers are scrambling to decide how to face a future when markets may again be thrown into turmoil by the two-headed monster of frisky price increases and crummy economic conditions.
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Some observers fear return of rising prices, stagnant growthRestricted Content

November 21, 2009
Peter Schnitzler
In the 1970s, stagflation—the unprecedented combination of stagnant economic growth and inflation—threatened to ruin financial institutions. Now some fear it might make a return.
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