So let my trusty spreadsheet offer some historical perspective to this cost-of-living upheaval. Just as price pressures in some areas ease, inflation in other parts of the economy" picked up, said Sarah House, an economist at Wells Fargo. WebIn March, the Consumer Price Index for All Urban Consumers increased 0.1 percent, seasonally adjusted, and rose 5.0 percent over the last 12 months, not seasonally adjusted. Overall, the consumer price index jumped 0.6 percent from December, a spike expected to weigh heavily with the Federal Reserve as it mulled adjusting interest rates. WebDifferent agencies' predictions differ, putting US CPI inflation within the range of 7.0% to 8.1% percent in 2022 and around 2.8-3.5% in 2023. After a sideways weekend, BTC/USD was already volatile into the new weekly and h[o8[U]_b4B2m-K 2hAI:S$dVH(9_5#\.qDHFE`tRhf%>aD D%Bc&K*w/BQgYKz,m?W(M9(HRIdE6u:S8gS:X/YG8ef;sg!IWaLofvc.yhM@taRx(^YFYn/f >lA?09l{-_rW*6vzmp|!jnUo/"\FwMpe_vPk"S_5CSQd026 7oDyX1h')z%AqU]A
pC'` 30\ This is higher than the long term average of 3.28%. (See table A.) How quickly inflation soared this year might be the most stunning change. George Avalos is a business reporter for the Bay Area News Group who covers the economy, jobs, consumer prices, commercial real estate, airlines and airports and PG&E for The Mercury News and East Bay Times. The upshot is that inflation is likely to remain uncomfortably high.. Monthly inflation Economy | For further details see the CPI home page on the Internet at www.bls.gov/cpi and the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/. Some Bay Area consumers say they are feeling the inflation and price pinch. If you need assistance in computing CPI changes from one period to the next, please contact us via the following: Additional Consumer Price Index information is available from:
Energy prices were up 33 percent. The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. (5) Indexes on a December 1993=100 base. For optimists: Annual inflation dropped to 5.0% in March, and will likely drop below 4% by the end of the year. climbed 7.5 percent in January over the year before, Prices around the greater Los Angeles area were 7.5 percent higher, In the Bay Area, prices were up 4.2 percent in December. Among the dramatic annualized price increases in the Bay Area during October: Regular unleaded gasoline skyrocketed by a head-spinning 40.2%, Natural gas piped into the home hopped 21.7% higher, Meat, poultry, fish and egg prices soared 13.6%, Electricity used at home was 9.1% more expensive. (See table 1.). USPS raising cost of first-class stamp to 66 cents (See chart 1 and table A.) Everything gets more expensive: Bay Area, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Reddit (Opens in new window), H-1B: Feds want criminal charges over application fraud for Silicon Valleys favorite visa, Bay Area inflation jumps by highest rate in three years, Photos: Bay Area home prices heat up as modest 1,240-square-foot San Jose home goes above-asking for $2.5 million, Walters: High living costs solidify Californias two-tier economy, USPS raising cost of first-class stamp to 66 cents, US inflation falls to lowest level since May 2021, Anatomy of a cheeseburger and fries: How inflation has pushed up the cost of this very American meal. The upswing is being felt across the nation, too. By CPI math, here are Octobers inflation rates for key LA-OC spending categories . These pressures have sharply boosted the local prices of things such as gasoline (up 39.5% in 12 months, according to the local CPI), used vehicles (up 25%), and big-ticket home furnishings (up 8.4%). Thornberg warned that the Bay Areas and nations elevated consumer prices could persist for a few years. Local inflation ran at an annual pace of 4% the highest O.C.-L.A. rate for an August since 2008. The supply-chain impacts are a big deal, said Stephen Levy, director of the Palo Alto-based Center for Continuing Study of the California Economy. The site is secure. Inland Empire: Inflation was up 6.5% two months ago, the latest bi-monthly reading of overall inflation for Riverside and San Bernardino counties. He is a graduate of San Jose State University with a BA degree in broadcasting and journalism. The index for all items excluding food and energy was 5.5 percent higher. U.S. Department of Labor: http://www.dol.gov/, Permits, Registrations, Certifications, & Licenses, Worker Safety & Health in Wildfire Regions, Electronic Adjudication Management System, Office of Legislative and Regulatory Affairs, Office of the Director - Decisions and Determinations, Commission on Health and Safety and Workers' Compensation (CHSWC), Consumer Price Index Table Percentage Changes - All Areas, Important Notice Regarding Changes to the Publication Schedule for the California Consumer Price Index, Exemption for computer software employees (Labor Code Section 515.5), Exemption for licensed physicians and surgeons (Labor Code Section 515.6), California Labor and Workforce Development Agency, Licensing, registrations, certifications & permits. 8% pricier. Month CPI Monthly Inflation Rate (%) Inflation rises 7% over past year in December, highest in nearly 40 years. Price increases varied by region. The annual inflation rate reached 3.8% in October in the Bay Area compared to the same month the year before, the U.S. Bureau of Labor Statistics reported on He refused to let it end in Game 7, Do Not Sell/Share My Personal Information. Source: JEC Calculations using: Bureau of Economic Analysis, Personal Consumption Expenditures; Bureau of Labor Statistics, Consumer Expenditure Survey; Census Bureau; American Community Survey.Notes: Inflation rates reflect how much prices have increased since January 2021, and inflation costs reflect how much more the average U.S. household must pay in the current month for the same goods and services it purchased in January 2021. US Initial Claims for Unemployment Insurance. The California CPI is updated on even-numbered months (mid-February, mid-April, mid-June, etc.). The annual pace of 3.8% for consumer prices in the Bay Area during October was double the rate of the annualized increase that was reported for early 2021. The law says the minimum wage must increase to $15.50 per hour for everyone if inflation increased by more than 7% between the 2021 and 2022 fiscal years. In 2022 in the wake of the COVID-19 pandemic, inflation reached 8.5%, its highest rate since 1982. Business Cycle: Expansion and Peak New ones are 9.5% pricier if you can find one. Bitcoin (BTC) starts a new week digesting major macroeconomic news as the United States sees the second-largest bank failure in its history. Fuel: Gasoline cost 35.7% more. Economy | Source: JEC Calculations using: Bureau of Economic Analysis, Personal Consumption Expenditures; Bureau of Labor Statistics, Consumer Expenditure Survey; Census Bureau; American Community Survey.Notes: Inflation rates reflect how much prices have increased since January 2021, and inflation costs reflect how much more the average U.S. household must pay in the current month for the same goods and services it purchased in January 2021. LA-OCs cost of living rose on average 1.6% in last years pandemic-scarred economy after rising 2.9% in 2016-2019 and 1.2% in 2009-15. Partly offsetting the increases were price decreases in used cars and trucks (-9.4 percent) and household furnishings and operations (-2.7 percent). Its the 12th largest one-year increase since 1960. We extract the new rates as soon as they come out to ensure that our calculator provides accurate inflation results. The CPI is released for the United States and all states. This is the latest Consumer Price Index and Inflation Rate data for the United States. This data was released on April 12, 2022 for the reference month of March 2022. jO#-MS-Y` Families in the Mountain West (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming) are facing the highest inflation rates, with prices today 16.9 percent higher than in January 2021. You can find upcoming Food: Groceries rose 3.9%, and dining out was 4.2% pricier. State Inflation Tracker: Methodology. U.S. Joint Economic Committee Republicans. Lowest? The cost of food items such as meat, along with unleaded gasoline prices, as well as electricity and natural gas provided by utilities, drove the increase in the regions consumer price index, this news organizations analysis of the report shows. Energy prices spiked 28.2 percent. For the average American household, inflation costs increased from $728 in September to $753 in October, a $25 increase in monthly inflation costs. Bay Areas 3.8%. Annualized, these families are facing inflation costs of $9,283, $9009, and $8,252 over the next year, respectively. Families in Colorado are facing the highest transportation inflation costs ($371) and shelter inflation costs ($197); families in California are facing the highest food inflation costs ($132) and energy inflation costs ($203). LA Mayor Karen Bass opens Milken Conference, which features John Legend, Maxine Waters Even so, the San Francisco-based company upgraded its sales forecasts for 2022. Inflation jump in LA-Orange County biggest, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Inflation jump in LA-Orange County biggest since 1980, Yellen says US could hit debt ceiling as soon as June 1, LA Mayor Karen Bass opens Milken Conference, which features John Legend, Maxine Waters, California consumers struggling? You can find our full analysis for June 2022 here. Household energy costs were 12.3% less. Monthly inflation costs grew the most in the states of Illinois ($115), Michigan ($103), and Wisconsin and Indiana ($100 each). The last time L.A.-O.C. Meat, vegetables, fruit, everything.. Extremes:Highest of 23 metro areas? The Associated Press and Patch Editor Paige Austin contributed to this report. The prices could decrease when the delays at the ports go away, Levy said. The infrastructure bill will be inflationary. Specifically, we ask: how much more must the average household pay today to maintain the same standard of living it achieved in January 2021, the last time inflation was within historical norms? Prices for food away from home increased 7.8 percent. Yet the local cost-of-living jump is slower than the nations 5.3% pace All taxes directly associated with the purchase and use of items are included in the index. Series begin in January 1976. Footnotes (1) Indexes on a December 1977=100 base. hTN@yRLv%dLR"!J@>,V86ZZ>q'8V)f93, L-~!58&>p+pA! B Americans are facing the highest inflation rates in decades, making it harder for them to afford everyday goods and more expensive to raise their families. WebThe CPI inflation calculator uses the Consumer Price Index for All Urban Consumers (CPI-U) U.S. city average series for all items, not seasonally adjusted. Current Inflation Rate 4.98% Trailing 12-month CPI. LOS ANGELES, CA The cost last month of rent, food, cars and energy skyrocketed 7.5 percent year over year, a level of inflation Americans hadnt seen in 40 years, the U.S. government reported. Imagine the local inflation rate when the housing slice of this inflation index catches up with whats been a summer for big rent hikes. Photos: Bay Area home prices heat up as modest 1,240-square-foot San Jose home goes above-asking for $2.5 million Prices around the greater Los Angeles area were 7.5 percent higher in January over the same month a year earlier. Voice phone: 202-691-5200; Telecommunications Relay Service: 7-1-1. Even if prices stop increasing altogether, the inflation that has already occurred will cost the average American household $8,581 over the next 12 months. See our methodology for a full description of our methods and a downloadable data file with a detailed breakdown of inflation costs by state. Index and average price data for electricity in Los Angeles for May through November 2022 were incorrectly published in the database. Jose Guzman, a Milpitas resident, said he deliberately drives about five miles out of his way to fill up at either Moes Stop or Gas & Shop across the street. Information in this release will be made available to sensory impaired individuals upon request. Source: The cost of living in August for the metropolitan area was measured by the Consumer Price Index. Inflation is going to continue for a while.. In the remaining states, inflation cost changes ranged from an increase of $49 to a decrease of $13. All local services: 3.5% more expensive. Companies from Chipotle to Levi Strauss & Co. also warned that they will likely raise prices again this year after having done so in 2021. Many products and parts remained in short supply as a result. See ourmethodologyfor a detailed explanation of these calculations; Jackie Benson, Kevin Corinth, and Kole Nichols. Excluding food and energy prices, so-called core CPI increased 5.5% year over year and 0.6% from the previous month. Over the year, food prices increased 6.4 percent. In the remaining states, inflation costs grew by between $46 and $99. Food prices declined 0.1 percent for the month of March. Food costs, driven by pricier eggs, cereal and dairy products, increased 0.9 percent in January. Shortages of supplies and workers, heavy doses of federal aid, ultralow interest rates and increased demand for goods were largely to blame for the increased prices. All agencies predicted that CPI inflation in 2023 will be 0.8-1.5% higher compared to the Federal Reserve target of 2%. Web(Price Index Year 2 - Price Index Year 1) Price Index Year 1 x 100 = Inflation rate in Year 1. You see, the region has been relatively spoiled, inflation-wise, in the post-Great Recession years. Ask Amy: My fiancee's family says I'm not invited, and she's going without me, Ask Amy: I put a security camera in my room, and what I saw was creepy, The dad whose wife and child were among 5 killed by a neighbor in Texas describes how the massacre unfolded, 'Total dominance': Steph Curry breaks NBA Game 7 record, leads Warriors over Kings, Dear Abby: The reason her fiance hid his phone was something she never guessed, Mortgage fees to rise for buyers with high credit scores, fall for those with lower scores, Kurtenbach: Steph Curry built the Warriors dynasty. The ), Over the last 12 months, the CPI-U advanced 3.7 percent. First Republic Banks jumbo mortgages brought on failure, Whats new: Loma Villas apartments sell for $21.5M to investor, What a wedding can teach us about commercial real estate, Status Update: Dutch Bros. drive-through coffee shop plots first OC locations, Orange County restaurants shut down by health inspectors (April 20-27), More land sliding at Casa Romantica; residents evacuated, trains halted through San Clemente, Orange County Artist of the Year winners announced, Fire at Barnes & Noble in Orange disrupts book-signing event, Then and Now: Photos of Casa Romantica show damage caused by landside, Dementia doubles in Orange County in less than a decade, Cold, drizzly week ahead for Southern California, OC Marine who volunteered in Ukraine, survived rocket attack: I would do it again, Man who killed father on Laguna Niguel trail committed to mental-health hospital, Do Not Sell/Share My Personal Information. (Data in this report are not seasonally adjusted. In addition, local indexes are not adjusted for seasonal influences. Dear Abby: I have a great life, so why have I fallen into this shameful behavior? Specifically, we ask: how much more must the average household pay today to maintain the same standard of living it achieved in January 2021, the last time inflation was within historical norms? Use the inflation calculator form as a starting point for The Bay Areas cost of living jumped during October, a forbidding new burden for the regions feeble rebound from coronavirus-linked economic jolts, with food and fuel costs leading the charge to higher prices. It is not just the supply bottlenecks and labor shortages. report for August, we see in the CPI math for the last 12 months . For the average American household, inflation costs increased from $635 in May to $718 in June, an $83 increase in monthly inflation costs. Related Articles All other item stratum index series were calculated using a geometric means estimator. Levi Strauss & Co. raised prices last year by roughly 7 percent above 2019 levels because of rising costs, including labor. A notable time for inflation was the early 1980's during the recession. Because the sample size of a local area is smaller, the local area index is subject to substantially more sampling and other measurement error than the national index. And since 1983, after the high inflation of the 1970s, the local CPI has soared faster only 15 times. By 2025, CPI inflation in the US is expected to return to 2%. rent of primary residence(1)(2), Tuition, other school fees, and child care(1). Yet the local cost-of-living jump is slower than the nations 5.3% pace for August. Housing | In the bubble era of 2000 to 2008, CPI grew at a 3.4% annual pace in LA-OC vs. 2.6% in the slower-growth 1990s. In this month, inflation amounted to 4.2 percent, while wages grew by 3.2 percent. h2446T0Pw/+Q0L)6446 New car prices, which jumped during the pandemic because of a shortage of computer chips, were unchanged month to month but were up 12.2 percent over a year ago. Los Angeles and Orange counties slice of the Consumer Price Index jumped at a 5.4% annual rate in October compared with just 0.7% a year earlier as the economy was struggling with coronavirus-related challenges. Here is how you know. Its worth it to come all the way over here, Guzman said. L.A.-O.C. The price of gasoline fell 17.4% in the 12 months ending March as compared to the annual decrease of 2% in February, according to the most recent inflation data published April 12, 2023, by the U.S. Labor Departments Bureau of Labor Statistics ( BLS ). Atlanta at 7.9%. Coupled with the 3.8% Bay Area inflation rate reported in April of this year, the current inflation levels are the highest since late 2018 when inflation was 4.5% in the region, according to the federal agencys assessment of the latest consumer price trends in this region. Dear Abby: Am I overreacting to my European daughter-in-law's behavior? Inflation is clearly a problem and the Federal Reserves claim that its transitory looks more and more ridiculous each month, Brian Wesbury, chief economist with First Trust Advisors, stated in a research note. Jerome Powell is ready to add more fuel to the fire.. Federal government websites often end in .gov or .mil. Nonalcoholic beverages and beverage materials(1), Owners' equiv. The latest BLS data, covering up to March 2023, was released on April 12, 2023. Web2020-21 CALIFORNIA CONSUMER PRICE INDEX Revenue and Taxation Code section 51 provides that base year values determined under section 110.1 shall be compounded A_(dC9^ H|Oa;_iw2v_aTTR('_^l3={ Jp7:Isr7kzf . Monthly inflation costs grew the most in the states of Colorado ($53), Utah ($51), and California ($49). Decembers rate spike came in a year in which inflation averaged 3.8%. information you provide is encrypted and transmitted securely. Wages rose at the fastest pace in at least 20 years, which can pressure companies to raise prices to cover higher labor costs. The index for all items excluding food and energy was 2.8 percent higher. The table displays historical inflation rates with annual figures from 1914 to the present. WebThe California CPI is updated on even-numbered months (mid-February, mid-April, mid-June, etc.) Efforts by President Joe Bidens administration to inject a massive amount of stimulus into the economy through government spending on efforts such as new infrastructure programs could worsen the inflation woes because of the additional dollars circulating nationwide, Thornberg warned. The Consumer Price Index historic data (1914-2023) is also available on request; the file will be provided via e-mail in ZIP format. Americans devour about 279 per year per person, The Washington Post reported. Jonathan Lansner has been the Orange County Register's business columnist since 1997 and has been part of the newspaper's coverage of the local business scene since 1986. The Consequences of Declining Fertility for Social Capital. Each month, prices are collected in 75 urban areas across the country from about 6,000 housing units and approximately 22,000 retail establishmentsdepartment stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments. In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the spending of the appropriate population group. Note that we often see faster inflation in boom years. The price of everything is skyrocketing, said Carolyn Sharp, a Berkeley resident. See ourmethodologyfor a detailed explanation of these calculations; Jackie Benson, Kevin Corinth, and Kole Nichols. Vehicles: New? And what will happen to interest rates if inflation continues to jump? was hit by a larger one-year pop it was July 1980, when inflation went to 15.8% from 10.5%. In December, economists at the University of Pennsylvanias Wharton School estimated that the average household had to spend $3,500 more than in 2020 to buy an identical basket of goods and services. - Data not available NOTE: Index applies to a month as a whole, not to any specific date. Inflation rates went as high as 14.93%, causing the Federal Reserve led by Paul Volcker to take dramatic actions. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, and retirees and others not in the labor force. Housing | The US Inflation Rate is the percentage in which a chosen basket of goods and services purchased in the US increases in price over a year. Denver at 3.5%. On top of that, rent increases have now caught up with the overheated housing market. The consumer price index, a key inflation barometer, jumped by 7.7% in October relative to a year earlier the smallest 12-month increase since January. The US Inflation Rate The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new analysis. Economy | (See table 1.) WebCONSUMER PRICE INDEX CALIFORNIA Los Angeles-Long Beach-Anaheim, San Francisco-Oakland-Hayward, San Diego-Carlsbad, Riverside-San Bernardino-Ontario, United States US inflation falls to lowest level since May 2021 For decades, the two gas stations have waged a low-cost price war at the corner of McKee Road and North 33rd Street. Big-ticket items: The cost of durable goods (such as appliances and furniture) was 9.3% higher. Octobers 5.4% overall inflation rate was the highest local reading since July 2008, in the days before a housing boom imploded into the Great Recession. Customers filling up at the always busy McKee Road stretch of ultra-cheap gasoline stations in San Jose say they are well aware of the high cost of gasoline. April 12, 2022. They are tossing more demand into an economy that is already awash with money. Food prices were 7.3 percent higher. First Republic Banks jumbo mortgages brought on failure, Whats new: Loma Villas apartments sell for $21.5M to investor, What a wedding can teach us about commercial real estate, Status Update: Dutch Bros. drive-through coffee shop plots first OC locations, Orange County restaurants shut down by health inspectors (April 20-27), More land sliding at Casa Romantica; residents evacuated, trains halted through San Clemente, Orange County Artist of the Year winners announced, Fire at Barnes & Noble in Orange disrupts book-signing event, Then and Now: Photos of Casa Romantica show damage caused by landside, Dementia doubles in Orange County in less than a decade, Cold, drizzly week ahead for Southern California, OC Marine who volunteered in Ukraine, survived rocket attack: I would do it again, Man who killed father on Laguna Niguel trail committed to mental-health hospital, Do Not Sell/Share My Personal Information. Housing | Air fares rose 2.3 percent last month, too. As Biden, McCarthy clash on US debt, what are their differences? All Access Digital offer for just 99 cents! (2) This index series was calculated using a Laspeyres estimator. Food: Grocery prices rose by 5.5%. Even if prices stop increasing WebCalifornia inflation rate by year 2020. Inland Empire: The inflation rate to the east was 6.5% two months ago, the latest bi-monthly reading for Riverside and San Bernardino counties. )$bC*RS N4
In the past year, sharp increases in the costs of gas, food, autos and furniture upended many other Americans budgets. This is higher than the long term average of 3.28%. Since 2012, the Federal Reserve has targeted a 2% inflation rate for the US economy and may make changes to monetary policy if inflation is not within that range. Thursdays CPI report suggested that the increased cost of housing was passed along to renters. The index measures price changes from a designated reference date; for most of the CPI-U the reference base is 1982-84 equals 100. Los Angeles and Orange counties slice of the Consumer Price Index jumped at a 5.4% annual rate in October compared with just 0.7% a year earlier as the economy was had the fifth-lowest inflation rate, when you look at the latest inflation reports for the 23 metropolitan areas tracked by the Bureau of Labor Statistics. The surge in new car prices accelerated prices for used cars: They rose 1.5 percent in January over December and were up a dizzying 41 percent over a year ago. Prices increased 13.3 percent from January 2021 to June 2022, costing the average American household $718 last month alone. Note: Rates shown are a percentage of the labor force. Housing: Overall, this expense rose 1.8%; rent was 1% pricier. Elsewhere in the West: Bay Area inflation in October was 3.8%. Inflation is not going anywhere, it is not going away, said Christopher Thornberg, an economist and founding partner with Beacon Economics. Over a longer period and averaging the BLSs monthly pricing data, the cost of a dozen eggs surged to $2.86 in 2022 from $1.67 in 2021, representing a 72.3% increase. make sure you're on a federal government site. %PDF-1.6
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8 per cent in Annualized, these families are facing inflation costs of $10,898, $10,576, and $9,908 over the next year, respectively. Housing | Since 2000, U.S. inflation has averaged 2.2% while rates on 30-year mortgages have averaged 5% thats 2.8 percentage points higher. He can be reached at jlansner@scng.comRelated Articles Chipotle said it increased menu prices 10 percent to offset the rising costs of beef and transportation as well as higher employee wages. US Inflation Rate is at 4.98%, compared to 6.04% last month and 8.54% last year. WebThis table shows the monthly All-Items Consumer Price Index (CPI-U) as well as the annual and monthly inflation rates for the United States in 2021. The Federal Reserve has signaled that it will increase the cost to borrow by raising interest rates in a bid to tamp down inflation. Inflation is one of the metrics used by the US Federal Reserve to gauge the health of the economy. Sign up for free Patch newsletters and alerts. What Is The Average Increase Of Inflation Per Year? An examination of Moodys Analytics data shows that inflation has increased by 7% since 2018. For 2018, and 2019, it averaged 2.5%. Those statistics have shown, based on similar comparisons, that households are spending an additional $250 a month $3,000 per year. 997 0 obj
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There were few signs that increases will slow significantly anytime soon. Historical highs and lows show the most recent month that a rate was recorded in the event of multiple occurrences. Its costing more to get stuff to consumers. Even worse, the huge jump in inflation during October suggests that consumers are bearing the brunt of the supply woes. The Bureau of Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI-U) which covers approximately 93 percent of the total U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. population. Credit scores go flat Permalink: https://www.jec.senate.gov/public/index.cfm/republicans/2022/11/state-inflation-tracker-october-2022, United States Congress Joint Economic Committee, https://www.jec.senate.gov/public/index.cfm/republicans/2022/11/state-inflation-tracker-october-2022.
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