The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends. December's personal income grew 0.4% MoM, while ...
The Bureau of Economic Analysis published the Personal Income & Outlays report for the December period, and the results confirmed some of the more timely data that we tracked earlier in the month. We ...
Eight cities in the United States have implemented taxes on sugar-sweetened beverages, which contribute to health issues including obesity and Type 2 diabetes. New research from the University of ...
Citations: Baker, Scott, Constantine Yannelis, Michaela Pagel, RA Farrokhnia, Steffen Meyer. 2023. Income, Liquidity, and the Consumption Response to the 2020 ...