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on the state of the Union and ordered to be printed U S GOVERNMENT PRINTING OFFICE WASHINGTON 2022 MONTH XX 2021 U S GOVERNMENT PRINTING OFFICE WASHINGTON 2021 I JOINT ECONOMIC COMMITTEE Created pursuant...PURCHASING POWER 83 Inflation Trends 84 Inflation Hits its Highest Level in 40 Years 84 Markets Expect High Inflation to Persist 85 The Consequences of Inflation 88 High Inflation Imposes Significant Costs...88 Americans Experience Inflation Differently Depending on Where They Live 88 Inflation Costs Will Remain Even After Inflation Reverts to Normal Levels 90 Drivers of Inflation 92 Shifting Consumer Preferences...

Statistics the Joint Economic Committee JEC State Inflation Tracker estimates that the average household in California is paying 1 278 more per month to purchase the same basket of goods and services as...California household has spent 38 353 more due to inflation since January 2021 Breakdown The Census Division where California is located has seen cumulative inflation of 20 1 percent since January 2021 This is...than the national cumulative inflation since January 2021 of 20 7 percent Compared to one year earlier the average California households needs to spend 209 more per month to maintain the same standard...

Labor Statistics the Joint Economic Committee JEC State Inflation Tracker estimates that the average household in Indiana is paying 1 002 more per month to purchase the same basket of goods and services as...Indiana household has spent 30 757 more due to inflation since January 2021 Breakdown The Census Division where Indiana is located has seen cumulative inflation of 20 6 percent since January 2021 This is 0...lower than the national cumulative inflation since January 2021 of 20 7 percent Compared to one year earlier the average Indiana households needs to spend 175 more per month to maintain the same standard of...

Statistics the Joint Economic Committee JEC State Inflation Tracker estimates that the average household in New Jersey is paying 1 188 more per month to purchase the same basket of goods and services as...Jersey household has spent 33 818 more due to inflation since January 2021 Breakdown The Census Division where New Jersey is located has seen cumulative inflation of 19 2 percent since January 2021 This is...than the national cumulative inflation since January 2021 of 20 7 percent Compared to one year earlier the average New Jersey households needs to spend 256 more per month to maintain the same standard...

2018 the share of adults who reported spending an evening with a neighbor at least several times a month dropped from 44 percent to 29 percent 34 In addition since 2008 the Current Population Survey hereafter...garden tools From 2008 to 2017 the share of adults who reported talking with neighbors a few times a month or more fell from 71 to 54 percent and the share who reported doing favors for their neighbors fell...bygone America Figure 1 Percent of adults who have informal interactions with neighbors a few times a month or more Source Social Capital Project analysis of CPS Civic Engagement Supplement 2008 2011 and 2013...

consistent with the Council of Economic Advisers projected employment growth of about 100 000 jobs per month as reported in the 2010 Economic Report of the President ERP Despite signs of recovery the economy...Manufacturing Since the start of 2010 manufacturers have added 136 000 jobs it is the largest six month employment gain in the sector since 1998 2 Manufacturers reduced their payrolls by 16 percent 2 2...to Mr Joerres prior experience shows that the low point in temporary employment typically comes a month or two following the end of an official recession which would date the recovery to mid 2009 However...

payroll employment has increased by 9 4 million or 8 7 The average increase over the comparable 64 month in other post 1960 recoveries was 14 1 A 14 1 10 increase in private sector payroll jobs during this...disposable personal income per capita has risen 5 7 the S P 500 Total Return Index adjusted for inflation is up nearly 120 Figure 22 22 One other very stark comparison between this recovery and other post...President Obama s lifetime his own Since President Obama took office through August 2014 the latest month for which data are available 8 2 million households and 14 5 million individuals have been added to...

level homes less affordable 28 Fed Chairman Marriner Eccles Federal Reserve Bulletin The Current Inflation Problem 1947 https fraser stlouisfed org files docs publications FRB 1940s frb 121947 pdf 21 o During...easy monetary policy during a seller s market has contributed to rapidly rising home prices and inflation o Quantitative Easing QE 3 announced in September 2012 coincides with the start of the current housing...completely forgone applying for new townhome projects Whereas permits averaged about 125 units per month in the 2 years before the MHA took effect they averaged approximately 50 between 2020 and 2022 Figure...

implicitly weighted by number of homeowner households RECENT SHOCKS THE PANDEMIC INTEREST RATES AND INFLATION Pandemic era preferences and policies contributed to a sharp increase in home prices and rents The...expect interest rate increases cutting into prices Finally housing was not exempt from economy wide inflation which has amounted to about 16 percent since January 2020 LONG TERM TRENDS REGULATION AND HOUSING...

for callback 6 For Fiscal Year 2023 through June 2025 please provide data for each fiscal year and month regarding a Total customers served b Answer rate c Average daily call volume d Average call wait time...