📊 Economic Indicators |
Bureau of Labor Statistics |
-
In February 2025, workers in the U.S. saw their real average hourly pay go up by 0.1 percent, which means they earned a little more after adjusting for rising prices. This increase happened because their pay went up by 0.3 percent, but prices also went up by 0.2 percent. Over the past year, from February 2024 to February 2025, real average hourly earnings increased by 1.2 percent, even though the average workweek got shorter by 0.6 percent. This means that, overall, workers are earning slightly more money, which is important because it helps families afford everyday things like food and rent. Read full document →
-
In February 2025, the Consumer Price Index (CPI), which shows how much prices for things people buy have changed, went up by 0.2%. Over the last year, prices increased by 2.8%. The cost of shelter, like rent, went up by 0.3%, which was a big part of the overall price rise. However, airline fares dropped by 4.0% and gasoline prices fell by 1.0%. This means that while some costs are going up, others are going down, which can help people save money. Understanding these changes is important because they affect how much money people have to spend on everyday things like food, housing, and travel. Read full document →
|
|
|
