Thursday, August 18, 2011

@AllAmerInvest (8-18)


Consumer Price Index Summary

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in July on a seasonally adjusted basis, the U.S. Bureauof Labor Statistics reported today. Over the last 12 months, the all items index increased 3.6 percent before seasonal adjustment.

Detailed Report http://1.usa.gov/oAIwn3

Real Earnings http://1.usa.gov/r5WWiE

REAL EARNINGS JULY 2011

All employees

Real average hourly earnings for all employees fell 0.1 percent from June to July, seasonally adjusted, the
U.S. Bureau of Labor Statistics reported today. A 0.4 percent increase in average hourly earnings was
more than offset by a 0.5 percent increase in the Consumer Price Index for All Urban Consumers (CPI-
U).

Real average weekly earnings fell 0.1 percent over the month, as a result of the decrease in real average
hourly earnings, while average weekly hours remained unchanged. Since reaching a recent peak in
October 2010, real average weekly earnings have fallen 1.3 percent.

Real average hourly earnings fell 1.3 percent, seasonally adjusted, from July 2010 to July 2011. A 0.3
percent increase in average weekly hours combined with the decrease in real average hourly earnings
resulted in a 1.0 percent decrease in real average weekly earnings during this period.


By Bob DeMarco
All American Investor




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Original content Bob DeMarco, All American Investor