Economic Indicators

Inflation forces more Americans to cut down on holiday shopping lists

Nearly half of Americans said items were out of stock at stores compared to years past, according to a new Monmouth University poll. Just over 40% said that items they wanted were out of stock online and 34% of respondents had packages that were delayed or went missing.

US inflation surges to 39-year high as consumer prices soar

Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from groceries to cars to gasoline, solidifying hot inflation as a key trait of the economic recovery.