Tag Archives: well-being indicators

– by New Deal democrat It’s a slow economic news week, so don’t be surprised if I play hookie tomorrow or Wednesday. In the meantime, now that we have July’s inflation data, we can update some “real” consumer well-being indicators. First, real average hourly wages for nonsupervisory workers rose 0.1% in July to a new all-time high excluding April through June 2020: It has risen 3.8% since its pre-pandemic all-time high, and 3.0% from...

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