🌐 Global Economy Apr 8, 2026 · Menzie Chinn

Workers of the US: Were You Better Off in February 2026 than Today?

Econbrowser
View Channel →
Workers of the US: Were You Better Off in February 2026 than Today?
Source ↗ 👁 59 💬 0
Average Hourly Earnings in CPI deflated 2025$:


Figure 1: Average hourly wage in CPI deflated 2025$ (bold black), Using Cleveland Fed nowcast (gray), using Bloomberg consensus (light blue ), all on log scale. Source: BLS, Cleveland Fed accessed 4/7, Bloomberg, and author’s calculations.
It all looks a lot worse if one uses the AIER’s “Everyday Price Index”.

Figure 2: AIER Everday Price Index (bold black), estimated using first differenced headline CPI, Cleveland Fed nowcast,

Comments (0)

Sign in to join the discussion

More Like This

📰
The origin of risk
Marginal REVOLUTION · 1d ago
📰
Ethiopia update
Marginal REVOLUTION · 1d ago
📰
Friday assorted links
Marginal REVOLUTION · 1d ago
Golden Week slowdown may not be enough to ease Transpacific ocean rates
Supply Chain Dive - Latest News · 1d ago
AI-driven cargo bump sparks Transpacific air freight service
Supply Chain Dive - Latest News · 1d ago
These ‘4 pillars’ are critical for successful automation
Supply Chain Dive - Latest News · 1d ago