With the introduction of a tax, the consumer and producer surplus could both fall. If in the earlier example a government sales tax of $1 was levied on any sale of the product, the price of the ...

Claims are well below the 280,000 level that economists say would signal a significant slowdown in job growth. Christopher Sadowski. While inflation is slowing, the labor market remains tight.

Surplus is a concept in economics that describes the amount of utility or value that consumers and producers receive when making transactions. Every producer and consumer in an economy wants to ...

Producer price index unchanged in February; Producer inflation increases 3.2% year-on-year; Weekly jobless claims fall 2,000 to 220,000; Continuing claims decline 27,000 to 1.870 million ...

Easing labor market conditions were reinforced by the claims report, which also showed the number of people receiving benefits after an initial week of aid, a proxy for hiring, increased 54,000 to ...

WASHINGTON (Reuters) -U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve ...

Thursday's producer data arrived one day after a softer-than-expected consumer inflation reading. The Consumer Price Index climbed 2.4% year-over-year in May, up slightly from April's 2.3%, but ...

With the CPI and PPI data in hand, economists estimated that the core PCE price index rose 0.2% in June. That would be the smallest gain since last November and would follow a 0.3% increase in May.

WASHINGTON (Reuters) -U.S. producer prices were unchanged in February for the first time in seven months, while fewer Americans filed claims for unemployment benefits last week, pointing to a ...

US Producer Inflation, Labor Market Stable Ahead of Tariff Turbulence. By Reuters | March 13, 2025. By Reuters | ... But as in the consumer price index data released on Wednesday, ...

US producer inflation, labour market stable ahead of tariff ... The aggressive policies pursued by US President Donald Trump’s administration have sent business and consumer confidence ...