Special Report: 2022 Michigan Economic Forecast - Destination Unknown
Labor shortages, supply chain disruptions, inflation, government restrictions, and the continuing presence of COVID-19 cloud the picture.
Stay updated with breaking news from Robert Dye. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Labor shortages, supply chain disruptions, inflation, government restrictions, and the continuing presence of COVID-19 cloud the picture.
The shock effect is worse for consumers in the Midwest and South. The consumer price index jumped 6.6% in October from a year ago in these regions.
The shock effect is worse for consumers in the Midwest and South. The consumer price index jumped 6.6% in October from a year ago in these regions.
The bank’s monthly index report showed a decrease in August to a level of 106.6. August’s reading was 24.4% higher than the historical low of 85.7 reached in June 2020 and still above the average of 100 points for all of 2020, which was nine points below the index average for 2019.
The shock effect is worse for consumers in the Midwest and South. The consumer price index jumped 6.6% in October from a year ago in these regions.