Articles by tag: inflation

Decoding the First CPI Report of 2024: Inflation, Stickiness, and Economic Implications

CPI Report

The battle to reign in the economy continues in 2024. Inflation continues to be top of mind as the first Consumer Price Index (CPI) report of 2024 was released this month. According to the report, Americans experienced a 3.4% increase in the cost of living compared to the beginning of 2023. The numbers […]

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Are Supply Chain Disruptions Impacting Consumer Behavior? Inflation Could be the Bigger Culprit.

A recent survey by o9 Solutions reveals significant shifts in consumer behavior due to supply chain disruptions, with over half reporting direct impacts on purchasing habits. Amidst rising costs, many are halting purchases or seeking more cost-effective alternatives, signaling a critical moment for industries to reassess and innovate their supply chain strategies​. In the […]

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Debt and Inflation is Disrupting Higher Education, Shifting the Tide in Confidence and College Enrollment

Even in a fast-paced world powered by 5G, AI, and global interdependence, there is still one institution that remains central to the dreams of many: higher education. However, despite technological advancements promising greater access to knowledge, there’s a pressing question: Is the traditional model of higher ed meeting the needs of today’s diverse, digital, […]

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Do June’s CPI Numbers Mean More Interest Rate Hikes? Experts Are Watching Other Indicators For a Better Answer

The dance between inflation and interest rates is a delicate one, and the Federal Reserve’s role as the choreographer is critical. With the release of June’s CPI report, how should businesses gauge the health of the market and the chance for further interest rate hikes. What will be the Federal Reserve’s next move? June’s […]

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Where To Go From Here: Decoding the Future of the Real Estate Landscape in An Unstable Economy

As the country continues to grapple with things like unstable geopolitical issues, record-high inflation and rising interest rates, the real estate landscape is undergoing seismic shifts. Investors and professionals are vying for insights to predict market movements and drive sustainable investment strategies. Experts, like those at JP Morgan, note that a mild to moderate […]

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Here’s How It’s Still Possible to Afford Skyrocketing Healthcare Costs in the U.S.

It’s impossible to ignore the massive increases in heathcare costs in the United States. In an era where the average healthcare cost for a family of four has skyrocketed to a staggering $31,000 per year, it’s no wonder that discussions around healthcare affordability are becoming increasingly critical. With healthcare inflation now surpassing 5%, it’s […]

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With Interest Rates At a 15-Year High, Businesses Should Reevaluate Debt Spending Strategies

The recent interest rate hike has brought us to the highest interest rates we’ve seen in over a decade. Even though the Fed is hinting at this being the highest point for the current saga of interest rate increases, businesses should carefully consider their debt spending strategies. The Federal Reserve has approved its 10th […]

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digital solutions
Digital Solutions at the Heart of Energy Transition: ABB’s Strategy for a Greener Tomorrow
March 19, 2024

As the world embarks on a pivotal energy transition, companies like ABB are at the forefront, integrating digital solutions to support this shift. By focusing on sustainability, reliability, and the development of in-country value, ABB is reshaping how the energy sector operates, making it more efficient and adaptable to new challenges such as renewable […]

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data migration
Data Experts to the Rescue! Syniti Navigates Your Utility’s Data Migration Maze with Ease
March 19, 2024

In the rapidly evolving utilities industry, the transition towards modern and efficient data management systems is fraught with challenges, yet essential for scalability and sustainability. As companies strive for modernization, data migration emerges as a critical yet complex task, highlighted by the risk of data loss, the need for stakeholder engagement, and the potential […]

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operational technology
Skydio Pioneers Future of Utility Sector with Groundbreaking Operational Technology
March 18, 2024

The utility industry, at a pivotal moment of transformation, is witnessing a technological renaissance, spearheaded by innovative companies like Skydio. The Skydio X10 drone, a marvel of modern engineering, is revolutionizing how utilities inspect and maintain critical infrastructure, offering unmatched precision and reliability. This advancement is not isolated; it’s part of a broader trend […]

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Chad Newtown of Osmose Utilities Services on utility infrastructure
Creating and Preserving Resilience is Priority for Utility Infrastructure
March 18, 2024

Growing conversations surrounding climate change have also intensified discussions on the frequency and severity of weather-related disasters, and the resilience of utility infrastructures, particularly power grids. As a result, examining the dynamic world of utility infrastructure is increasingly pertinent. This urgency to bolster the structural integrity of the electrical grid cannot be overstated since […]

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What Does NASDAQ Strength Mean for Markets?
May 5, 2023

As one of the biggest stock exchanges in the U.S., and the world, NASDAQ is a very important and global stock trade. With over 3,000 companies indexed, a lot is at stake for the economy with its performance. Ultimately, that also means the strength of it heavily relies on other markets and how inflation impacts […]

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What’s Driving Energy Prices This Week?
April 13, 2023

Earlier this month, Saudi Arabia and OPEC+ oil producers announced they would cut oil output by more than one million barrels per day. Subsequently, energy prices spiked, with the current national gas average sitting at $3.65 per gallon. But oil and gas prices aren’t the only thing shifting right now…worldwide trade currency is for some […]

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What Happened to Silicon Valley Bank?
March 23, 2023

By now, everyone’s heard the Silicon Valley Bank collapse story. Its repercussions are, at present, still sending shockwaves across the banking system, leaving the experts, pundits, the Fed, and everyone wondering if another pillar will drop or can the system hold together. While the collapse of Silicon Valley Bank (SVB) seemingly happened overnight, were […]

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The Latest CPI Report Shows Housing Costs Are Keeping Inflation From Cooling Down.
March 22, 2023

The latest CPI (Consumer Price Index) numbers are in — and while consumer price inflation saw a 0.4% drop from 6.4% in January to 6% in February, core prices increased 0.5% from the previous month. The good news? The CPI report show consumer price inflation is down from its peak in June 2022 when […]

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The Inflation Train Slows Overall But Gains Renewed Month-to-Month Steam. What Does This Mean for Businesses?
March 15, 2023

Gauging the consequences and status of persisting inflation can be a slippery endeavor, as most inflation news usually carries good and bad elements. Based on the most recent inflation update, the February CPI report, inflation seems to be meagerly slowing down; consumer prices have risen 6% since last February, down from the 6.4% YoY increase […]

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Businesses Fearing a Recession Should Use AI to Optimize Their Supply Chain
March 14, 2023

Thanks to high inflation, rising interest rates, and massive job cuts, fear of recession has become modus operandi for most businesses. Even with year-over-year inflation somewhat cooling and with the shuttering of Silicon Valley Bank, the Federal Reserve shows no signs of continuing its path of demand destruction with interest rate hikes. A bearish […]

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Is Cooling Inflation Really Shaping Consumer Buying Behavior?
February 9, 2023

Inflation in the U.S. reached its highest rate in four decades at 6.6 percent in 2022, and as prices rose, consumers were naturally expected to shift gears and slow down on spending. A record-setting holiday season for retail sales assuaged some of those concerns. Couple that with the most recent CPI report, which had some […]

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2022 Gas Costs More than Doubled the Average Cost in 2020. Prices Have Dropped but are Still High in 2023…Why?
February 4, 2023

Last year, eyes were popping as the price per gallon of gas passed the five-dollar mark in most places. This is more than double the average gas cost per gallon in 2020, which was $2.17 per gallon, according to the U.S. Energy Administration. While prices are down from that five-dollar mark now, they have […]

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Rising Interest Rates—What Does Jamie Dimon Say?
January 31, 2023

Rising interest rates are still prevalent as ever. CNBC reached out to JPMorgan Chase CEO Jamie Dimon for his thoughts on the state of interest rates in the U.S. The Fed recently raised its benchmark interest rate to a targeted range between 4.25% and 4.5%. They anticipate the rate going as high as 5.1%. While […]

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