December 16, 2016 by

Wage Series Part 1: Latest CPI Shows Seattle and All Cities CPI on the Rise

By Jim Cline and Kate Kremer

The latest inflation reports show CPI on the rise.  In the last two month reporting period the Seattle CPI (W) has jumped from 2.0% to 2.6% and the All-Cities (W) has doubled from 0.7% to 1.4%.

This is the first of an 11 part series addressing current economic conditions and wage settlement trends.  In this Fall 2016 Wage Series we’ll bring you an update on CPI and economic developments, wage settlements, interest arbitration trends, statewide wage rankings for public safety classifications across the State, and an in-depth analysis of what factors appear to be impacting those rankings and settlements.

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Filed Under: CPI, Economics
June 17, 2016 by

Seattle Index Continues to Outshine National Index

Seattle Index Continues to Outshine National Index

 

space needle- moneyBy Jim Cline and Kate Kremer

As we recently wrote, CPI Edging Up , the Seattle CPI continues to far outpace the All-Cities Index.  The latest report has the Seattle Index at 2.6%, far outpacing the 0.8% All Cities Index.  This probably should not be too surprising giving the robust Seattle economy which is far outpacing the most modest economic growth occurring elsewhere.  The economic growth is no doubt placing additional pressures on local prices.

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Filed Under: CPI
June 3, 2016 by

CPI Edging Up

CPI Edging Up

By Jim Cline and Kate Kremer

Basket-of-Groceries-legal-The latest release of CPI shows that it is continue to climb, edging up enough that it may also bump up contract settlements.  The April CPI was released this past week showing the Seattle CPI-W climbing to 2.6.  The All-Cities-W index, although also climbing, continues to significantly lag behind at 0.8.   This chart reveals the trend line in those two indices over the past 12 months:

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Filed Under: CPI