August Inflation Continued To Roll At 150% Over National Target Led By Hikes In Housing
In August, hikes in housing and transportation services that are running 3-4X the national goal of 2% inflation and have been rising month over month for nearly a year according to statistics from the US Bureau of Labor Statistics.
These steady increases, especially in shelter put a great deal of pressure on young workers, those seeking to buy homes, and the housing insecure.
We are following the data on this story closely and will continue to provide updates as the market for housing continues to shift throughout the country.
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