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somsai

(207 posts)
16. The BLS is a good source
Thu Dec 18, 2025, 06:01 PM
10 hrs ago

and I think they still give the best possible economic data they are able.

Realize also the largest item of CPI is not rent but what homeowners believe if they had to rent their own house what it would go for. From Google AI....The Consumer Price Index (CPI) weighs homeowner housing costs using Owners' Equivalent Rent (OER), which estimates what a homeowner would pay to rent their own home, rather than using mortgage payments or house prices. The U.S. Bureau of Labor Statistics (BLS) surveys renters of similar properties to determine these imputed rents, reflecting the consumption cost of shelter as an opportunity cost, not an investment. This OER, alongside actual rent, makes up the substantial "shelter" component (around 30% of CPI), giving it significant weight in overall inflation measures.

Rent is falling. Across the country. The falling rent offsets increases in health care, or services generally.

Other than when inflation hit 9% just after the pandemic, and during the Great Resignation, I really don't think inflation is as much a factor as wages. People don't have enough money. Now it's worded as "affordability" which is even more meaningless.

Good news none the less.

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... UpInArms 19 hrs ago #1
Hmm, both indexes gab13by13 19 hrs ago #2
Did they leave out food and utilities? quaint 19 hrs ago #3
They leave out food and energy in those numbers I believe. The numbers may have also been affected by late lostincalifornia 18 hrs ago #5
No, they are included in the "all items" CPI. It's the CORE CPI that leaves out food and energy. progree 18 hrs ago #7
Thanks, got it. lostincalifornia 18 hrs ago #9
Yes, on the holiday stuff -- it's weird as heck progree 18 hrs ago #11
Regardless what the numbers say, the reality is that a hell of a lot of people have been laid off, and while fuel prices lostincalifornia 18 hrs ago #4
Food and energy are included in the numbers, except where it says "all items less food and energy" progree 18 hrs ago #8
I think that is affected by the uncertainty of the Ukraine/Russia situation, and I think colder weather may have come lostincalifornia 18 hrs ago #10
From the source: progree 18 hrs ago #6
I call BS on any number coming from this administration gilpo 16 hrs ago #12
So "things" that were a dollar a year ago aren't even $1.03 now? What are these "things"? twodogsbarking 13 hrs ago #13
This is already being panned by economists PSPS 13 hrs ago #14
So this graph shows that Krasnov lied. He said he would bring prices down. GoodRaisin 13 hrs ago #15
The BLS is a good source somsai 10 hrs ago #16
That's odd. The shelter index increased 0.2% during the 2 month Sept-Nov period, and 3.0% year-over-year progree 4 hrs ago #17
Latest Discussions»Latest Breaking News»November consumer prices ...»Reply #16