Attention Economy


Sunday, August 23, 2015

Measured Inflation and Actual Cost of Living


The rising cost of shelter in the US:
http://www.theatlantic.com/business/archive/2015/08/shelter-cpi-housing-rent-inflation/401849/

Rapid rise in rent and declining homeownership is affecting household spending:
Rising Rents Outpace Wages in Wide Swaths of the U.S.

After a brief respite, healthcare spending is again rising at a rapid clip:
U.S. Health-Spending Growth Jumped to 5.5% in 2014
According to projections, US healthcare expenditure may reach an astonishing 19.6% of GDP by 2024 (most other advanced countries spend around half that amount).

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AIER’s Everyday Price Index (EPI) is a fascinating alternative to traditional price indices (CPI, GDP Deflator and PCE Index):
https://www.aier.org/research/everyday-prices-stabilize