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The Consumer Price Index for All Urban Consumers increased 3.0 percent from June 2023 to June 2024. The last time this figure was below 3.0 percent was in March 2021, when consumer prices increased 2.6 percent on a 12-month basis. Consumer prices for food rose 2.2 percent for the year ended June 2024, while energy prices increased 1.0 percent.
read full article »According to the latest consumer expenditure data, spending on pet care services by baby boomers (people born from 1946 to 1964) was about the same in 2021 as it had been in 2017, increasing by 6.9 percent (about $4). More substantial shifts in spending came from Generation X (born from 1965 to 1980) and millennials (born from 1981 to 1996).
On days they worked, 35 percent of employed people did some or all of their work at home in 2023 and 73 percent of employed people did some or all of their work at their workplace. The share of employed people who spent time working at home on days they worked was about the same as in 2022 (34 percent) but higher than in 2019, before the COVID-19 pandemic (24 percent).
In June 2024, the proportion of the population that is employed, known as the employment–population ratio, was unchanged at 60.1 percent for people age 16 and over. The ratio was little changed over the year.