2012beof-111206092256-phpapp02

S cpi rate 23 27 34 32 28 38 04 16 32 22

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: .8 3.8 -0.4 1.6 3.2 2.2 DenverBoulderGreeley CPI BoulderGreeley CPI Ratea 186.8 187.0 190.9 197.7 202.0 209.9 208.5 212.4 1.1% 0.1 2.1 3.6 2.2 3.9 -0.6 1.9 219.0 223.9 3.1 2.2 a Consumer Price Index (CPI-U) is not calculated for the state of Colorado. This is the CPI-U for the Denver-Boulder-Greeley CMSA, often used as a proxy for the inflation rate of Colorado (it is calculated semiannually). b Estimated. c Forecast. Sources: Colorado Department of Labor and Employment, Bureau of Labor Statistics, and Colorado Business Economic Outlook Committee. Inflation energy and stagnant housing costs. Core inflation (all items less food and energy) increased nationally 1.7% in 2009 and 1% in 2010. The U.S. city average all items Consumer Price Index for All Urban Consumers (CPI-U) fell by 0.4% in 2009, followed by an increase of 1.6% in 2010. Inflation is expected to average 3.2% in 2011 and 2.2% in 2012, partially due to increases in Inflation is reported by the Bureau of Labor Statistics for the Denver-Boulder-Greeley combined metropolitan statistical areas, which is often used as the proxy for Colorado. The state tracks closely with national infl...
View Full Document

This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

Ask a homework question - tutors are online