PCE Measure of Shelter Slows Slightly to 5.8% YoY in March
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Here is a graph of the year-over-year change in shelter from the CPI report
and housing from the PCE report this morning, both through March 2024.
[image: ...
2 hours ago
4 comments:
Enjoy your turkey, and then get going up and down those stairs.
It is almost as if the low cost of capital is displacing the value of labor.
dearieme,
I've been good about climbing those stairs once my ankle started to recover (about 2 months after the serious sprain over the 4th of July holiday). I can't say I've been as good when it comes to food intake or weight loss though. D'oh! ;)
Rob Dawg,
It is almost like that. The tide is turning though. Well, sort of. What was once just a tidal force has become a tidal wave. Labor's portion of GDP is not so much outsized as capsized. Sigh.
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