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Many fast food workers (specifically) got bumped to $20/hour, from $16, in April (the law is very specific about who is eligible for the increase). Over that decade, with its minimum wage rising, California’s fast food industry has bested the rest of the US by leaps and bounds. Our story began with a Wall St.
retail and food services sales for February 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $722.7 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 3.4% billion, up 0.2
Excluding food and energy, the PCE price index increased 0.3 The PCE price index, excluding food and energy, increased 2.8 Disposable personal income (DPI), personal income less personal current taxes, increased $144.1 billion (0.7 percent) and personal consumption expenditures (PCE) increased $72.3 billion (0.4 percent in October.
Commodities less food and energy commodities were at -0.0% The second graph shows that goods prices started to increase year-over-year (YoY) in 2020 and accelerated in 2021 due to both strong demand and supply chain disruptions. Durables were at -1.2% YoY as of February 2025, unchanged from -1.2% YoY in January. YoY in January. in January.
The index for food also increased in February, rising 0.2 percent as the index for food away from home increased 0.4 The food at home index was unchanged over the month. The index for all items less food and energy rose 0.2 The all items less food and energy index rose 3.1 The food index increased 2.6
retail and food services sales for January 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $723.9 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 4.2% in January.
The index for food also increased in January, rising 0.4 percent as the index for food at home rose 0.5 percent and the index for food away from home increased 0.2 The index for all items less food and energy rose 0.4 The all items less food and energy index rose 3.3 The food index increased 2.5
Many Districts noted that higher prices for eggs and other food ingredients were impacting food processors and restaurants. Input price pressures were generally greater than sales price pressures, particularly in manufacturing and construction. Firms in multiple Districts noted difficulty passing input costs on to customers.
Most of the retractions concerned California’s April 1, 2024, increase in the minimum wage for “quick-serve restaurants” (QSR, also known as fast-food) workers, which went from $16/hr to $20/hr. On cue, conservative heads exploded en masse, just as they did a decade ago when Seattle raised its minimum wage.
retail and food services sales for September 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $684.0 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 7.2% in September.
percent in July and offset increases in the food and shelter indexes, resulting in the all items index being unchanged over the month. The food index continued to rise, increasing 1.1 percent over the month as the food at home index rose 1.3 The food index continued to rise, increasing 1.1 The food index increased 10.9
The index for shelter contributed over half of the monthly all items increase , with the indexes for gasoline and food also increasing. The food index increased 0.6 percent over the month with the food at home index rising 0.4 The index for all items less food and energy rose 0.3 The energy index increased 1.8
twopct.com) Food We are pouring increasing amounts of chemicals on our food crops. samknowlton.substack.com) Growing food, profitability, is tough even for billionaires. (nextavenue.org) Do palm cooling devices have any actual benefits? wired.com) How to stay safe-ish when riding your bike.
It was the only supplier of ready-to-use therapeutic food in many countries like Burundi. Although feeding dying babies should surely qualify for the vague foreign aid waiver issued by Secretary of State Marco Rubio, the salaries of the staff and the cost of the fuel to get the therapeutic food to hospitals like mine are not.
The food index rose 0.1 The food at home index was unchanged, while the food away from home index rose 0.3 The index for all items less food and energy rose 0.4 The all items less food and energy index rose 3.8 The food index increased 2.2 The energy index rose 1.1 percent over the month. percent in March.
news.crunchbase.com) Food Americans enjoy cooking, hate cleaning up. eater.com) Newly public Smithfield Foods ($SFD) has a bacon problem. fastcompany.com) Cultivated meat is coming for dog food. (mentalfloss.com) There is no shortage of startups working on egg substitutes. fooddive.com) Mangoes are being grow in some new places.
retail and food services sales for March 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $709.6 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 4.4% billion, up 0.7
retail and food services sales for December 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $729.2 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 4.1% in December.
Right up top, we have the lede: Earlier in June, the Globe reported that California has lost just under 10,000 fast food jobs since the new $20 minimum wage for fast food employees was first signed into law late last year, according to the California Business and Industrial Alliance (CABIA). Again, sadly, no. ”) Gov.
One option is to spend down UTMA assets on non-essential expenses for the child, such as summer camps or a car, while avoiding expenses like food and housing that fall under the parents' legal support obligation.
The food index increased 0.3 percent over the month with the food at home index rising 0.2 The index for all items less food and energy rose 0.3 The all items less food and energy index rose 5.7 percent for the 12 months ending December, and the food index increased 10.4 The energy index decreased 4.5
Excluding food and energy, the PCE price index increased 0.5 The PCE price index, excluding food and energy, increased 5.1 Disposable personal income (DPI) increased $71.3 billion (0.4 percent) and personal consumption expenditures (PCE) increased $113.0 billion (0.6 The PCE price index increased 0.3 Real DPI increased less than 0.1
retail and food services sales for December 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $709.9 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 6.5% billion, up 0.6
Excluding food and energy, the PCE price index increased 0.1 The PCE price index, excluding food and energy, increased 4.6 Disposable personal income (DPI) increased $37.6 billion (0.2 percent) and personal consumption expenditures (PCE) increased $23.7 billion (0.1 The PCE price index decreased 0.1 Real DPI increased 0.3
YoY in January), the trimmed-mean CPI rose 3.1% (unchanged from 3.1%), and the CPI less food and energy rose 3.3% (down from 3.1%). This graph shows the year-over-year change for these four key measures of inflation. On a year-over-year basis, the median CPI rose 3.5% (down from 3.6% Core PCE is for January was up 2.7% YoY, down from 2.9%
retail and food services sales for September 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $704.9 This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). Retail and Food service sales, ex-gasoline, increased by 4.3% in September.
The food index was unchanged in April, as it was in March. The index for food at home fell 0.2 percent over the month while the index for food away from home rose 0.4 The index for all items less food and energy rose 0.4 The all items less food and energy index rose 5.5 percent in April. percent over the last year.
What followed in the immediate aftermath of both the announcement and implementation was nothing less than a apocalyptic, collective head explosion on the right about the devastating effects the increase would have, particularly in the food services sector: However, there’s little doubt that the city’s heralded food scene is running scared.
Excluding food and energy, the PCE price index increased 0.2 The PCE price index, excluding food and energy, increased 4.7 Disposable personal income (DPI) increased $68.6 billion (0.4 percent) and personal consumption expenditures (PCE) increased $19.8 billion (0.1 The PCE price index increased 0.1 Real DPI increased 0.3
@TBPInvictus here: If you’re not aware of the brouhaha that was stirred about a year or so ago when CA Gov Gavin Newsom signed into law (taking effect April 1, 2024) a new $20 minimum wage for so-called “limited service” (a/k/a fast food or QSR) restaurant workers, read up here , here , or here.
Excluding food and energy, the PCE price index increased 0.4 The PCE price index, excluding food and energy, increased 4.7 Disposable personal income (DPI) increased $79.4 billion (0.4 percent) and personal consumption expenditures (PCE) increased $151.7 billion (0.8 The PCE price index increased 0.4 Real DPI increased less than 0.1
seths.blog) The ten best books about food from 2024 including "Frostbite: How Refrigeration Changed Our Food, Our Planet and Ourselves" by Nicola Twilley. (abnormalreturns.com) Mixed media Some book recommendations from Seth Godin including "Hum: A Novel" by Helen Phillips. theatlantic.com)
Most of the retractions concerned California’s April 1, 2024, increase in the minimum wage for “quick-serve restaurants” (QSR, also known as fast-food) workers, which went from $16/hr to $20/hr. On cue, conservative heads exploded en masse, just as they did a decade ago when Seattle raised its minimum wage.
Excluding food and energy, the PCE price index increased 0.3 The PCE price index, excluding food and energy, increased 2.8 Disposable personal income (DPI), personal income less personal current taxes, increased $104.0 billion (0.5 percent) and personal consumption expenditures (PCE) increased $160.9 billion (0.8 Real DPI increased 0.2
washingtonpost.com) Food Ghost kitchens were hot. nytimes.com) How Wonder hopes to disrupt food delivery. eater.com) Cities are pushing back against mega-fast food drive throughs. vox.com) Economy Food inflation is moderating. (bloomberg.com) What NatureScore says about where you live. Now not so much.
Before the CPI report was released, I wrote: Why Year-over-year Headline Inflation will Decline Sharply in May and June The key point was that energy and food prices soared in May and June 2022, and as those data points are removed from the year-over-year calculation, the YoY change will decline sharply.
Excluding food and energy, the PCE price index increased 0.3 The PCE price index, excluding food and energy, increased 4.4 Disposable personal income (DPI) increased $49.2 billion (0.3 percent) and personal consumption expenditures (PCE) decreased $41.6 billion (0.2 The PCE price index increased 0.1 Real DPI increased 0.2
Excluding food and energy, the PCE price index increased 0.6 The PCE price index, excluding food and energy, increased 4.8 Disposable personal income (DPI) increased $120.4 billion (0.7 percent) and personal consumption expenditures (PCE) increased $181.1 billion (1.1 The PCE price index increased 1.0 Real DPI decreased 0.3
This is very likely for both CPI and the PCE price index since energy and food prices soared in May and June 2022. However, core inflation does not include food and energy, so we won't see as dramatic a decline in core CPI and core PCE. in May, 3.2%
Hey, you might have people who love food, who are good cooks. And just start eating real foods with very few ingredients. and staying away from ultra processed foods and staying away from foods that have a lot of added sugar. And just start eating real foods with very few ingredients.
in September), the trimmed-mean CPI rose 3.2% (unchanged from 3.2%), and the CPI less food and energy rose 3.2% (unchanged from 3.2%). This graph shows the year-over-year change for these four key measures of inflation. On a year-over-year basis, the median CPI rose 4.1% (unchanged from 4.1% Core PCE is for September was up 2.7%
YoY in November), the trimmed-mean CPI rose 3.2% (down slightly from 3.2%), and the CPI less food and energy rose 3.2% (down from 3.3%). This graph shows the year-over-year change for these four key measures of inflation. On a year-over-year basis, the median CPI rose 3.8% (down from 3.9% Core PCE is for November was up 2.8% in October.
Commodities less food and energy commodities were at -1.2% percent in September, and the index for food increased 0.4 The second graph shows that goods prices started to increase year-over-year (YoY) in 2020 and accelerated in 2021 due to both strong demand and supply chain disruptions. Durables were at -2.9% YoY in August.
higher food prices and 0.6% From Goldman Sachs economists: We expect a 0.34% increase in January core CPI (vs. consensus), corresponding to a year-over-year rate of 3.19% (vs. consensus). We expect a 0.36% increase in January headline CPI (vs. consensus), reflecting 0.4% higher energy prices. The y/y rates should decline a tenth to 2.8%
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