In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

Graph and download economic data for Consumer Price Index for All Urban Wage Earners and Clerical Workers: Information and Information Processing in U.S. City Average (CWUR0000SAE21) from Jan 1993 to May 2025 about clerical workers, information, urban, wages, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Wage Earners and Clerical Workers: Hospital and Related Services in U.S. City Average (CWUR0000SEMD) from Dec 1977 to May 2025 about clerical workers, hospitals, urban, wages, services, CPI, inflation, price index, indexes, price, and USA.

Wages in the United States increased 4.72 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Wages and Salaries Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

CPI W: sa: EC: Education: TF: Elementary & High School data was reported at 832.020 1982-1984=100 in Jun 2018. This records an increase from the previous number of 828.524 1982-1984=100 for May 2018. CPI W: sa: EC: Education: TF: Elementary & High School data is updated monthly, averaging 302.200 1982-1984=100 from Jan 1978 (Median) to Jun 2018, with 486 observations. The data reached an all-time high of 832.020 1982-1984=100 in Jun 2018 and a record low of 56.600 1982-1984=100 in Jan 1978. CPI W: sa: EC: Education: TF: Elementary & High School data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I013: Consumer Price Index: Urban Wage and Clerical Workers: sa.

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.

CPI W: sa: FB: Food: Food Away from Home (Away) data was reported at 276.049 1982-1984=100 in Jun 2018. This records an increase from the previous number of 275.503 1982-1984=100 for May 2018. CPI W: sa: FB: Food: Food Away from Home (Away) data is updated monthly, averaging 109.300 1982-1984=100 from Jan 1953 (Median) to Jun 2018, with 786 observations. The data reached an all-time high of 276.049 1982-1984=100 in Jun 2018 and a record low of 21.200 1982-1984=100 in May 1953. CPI W: sa: FB: Food: Food Away from Home (Away) data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I013: Consumer Price Index: Urban Wage and Clerical Workers: sa.

Average weekly earnings for the whole economy, for total and regular pay, in real terms (adjusted for consumer price inflation), UK, monthly, seasonally adjusted.

CPI W: sa: FB: Food: Home: Dairy Products: Cheese data was reported at 230.807 1982-1984=100 in Jun 2018. This records an increase from the previous number of 227.824 1982-1984=100 for May 2018. CPI W: sa: FB: Food: Home: Dairy Products: Cheese data is updated monthly, averaging 149.950 1982-1984=100 from Jan 1978 (Median) to Jun 2018, with 486 observations. The data reached an all-time high of 237.442 1982-1984=100 in Dec 2014 and a record low of 68.500 1982-1984=100 in Jan 1978. CPI W: sa: FB: Food: Home: Dairy Products: Cheese data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I013: Consumer Price Index: Urban Wage and Clerical Workers: sa.

CPI W: sa: Apparel: MB: Men: Furnishings data was reported at 152.836 1982-1984=100 in Jun 2018. This records an increase from the previous number of 152.738 1982-1984=100 for May 2018. CPI W: sa: Apparel: MB: Men: Furnishings data is updated monthly, averaging 136.250 1982-1984=100 from Jan 1984 (Median) to Jun 2018, with 414 observations. The data reached an all-time high of 163.292 1982-1984=100 in Jul 2014 and a record low of 101.800 1982-1984=100 in Feb 1984. CPI W: sa: Apparel: MB: Men: Furnishings data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I013: Consumer Price Index: Urban Wage and Clerical Workers: sa.

CPI W: sa: GS: Miscellaneous Services: Financial Services data was reported at 478.314 Dec1986=100 in Apr 2025. This records an increase from the previous number of 471.521 Dec1986=100 for Mar 2025. CPI W: sa: GS: Miscellaneous Services: Financial Services data is updated monthly, averaging 297.129 Dec1986=100 from Jan 1999 (Median) to Apr 2025, with 316 observations. The data reached an all-time high of 478.314 Dec1986=100 in Apr 2025 and a record low of 201.900 Dec1986=100 in Jan 1999. CPI W: sa: GS: Miscellaneous Services: Financial Services data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I019: Consumer Price Index: Urban: Wage and Clerical Workers: Seasonally Adjusted.

Graph and download economic data for Consumer Price Index for All Urban Wage Earners and Clerical Workers: Fruits and Vegetables in U.S. City Average (CWSR0000SAF113) from Jan 1947 to May 2025 about clerical workers, fruits, vegetables, urban, wages, CPI, inflation, price index, indexes, price, and USA.

United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Fats and Oils in U.S. City Average was 318.31000 Index 1982-84=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Fats and Oils in U.S. City Average reached a record high of 322.80900 in June of 2024 and a record low of 118.90000 in January of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Fats and Oils in U.S. City Average - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Consumer Price Index: All Items: Wage Earners: Total for United States (CPALWE01USM661N) from Jan 1960 to Dec 2023 about clerical workers, all items, urban, wages, CPI, inflation, price index, indexes, price, and USA.

United States CPI W: FB: Food: Home: Others: OF: Snacks data was reported at 254.806 1982-1984=100 in Jun 2018. This records an increase from the previous number of 254.676 1982-1984=100 for May 2018. United States CPI W: FB: Food: Home: Others: OF: Snacks data is updated monthly, averaging 155.400 1982-1984=100 from Dec 1977 (Median) to Jun 2018, with 487 observations. The data reached an all-time high of 256.099 1982-1984=100 in Apr 2018 and a record low of 62.100 1982-1984=100 in Dec 1977. United States CPI W: FB: Food: Home: Others: OF: Snacks data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I012: Consumer Price Index: Urban Wage and Clerical Workers.

CPI W: sa: FB: Food: Home: FV: Fresh: Vegetables data was reported at 324.644 1982-1984=100 in Oct 2018. This records an increase from the previous number of 323.691 1982-1984=100 for Sep 2018. CPI W: sa: FB: Food: Home: FV: Fresh: Vegetables data is updated monthly, averaging 96.400 1982-1984=100 from Jan 1947 (Median) to Oct 2018, with 862 observations. The data reached an all-time high of 341.521 1982-1984=100 in Mar 2011 and a record low of 16.100 1982-1984=100 in Jan 1947. CPI W: sa: FB: Food: Home: FV: Fresh: Vegetables data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I013: Consumer Price Index: Urban Wage and Clerical Workers: sa.

United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Nondurables Less Food and Beverages in U.S. City Average was 237.45700 Index 1982-84=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Nondurables Less Food and Beverages in U.S. City Average reached a record high of 274.32400 in June of 2022 and a record low of 35.90000 in January of 1967. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Nondurables Less Food and Beverages in U.S. City Average - last updated from the United States Federal Reserve on June of 2025.

CPI W: sa: Apparel: Men & Boy (MB) data was reported at 119.120 1982-1984=100 in Jun 2018. This records an increase from the previous number of 119.062 1982-1984=100 for May 2018. CPI W: sa: Apparel: Men & Boy (MB) data is updated monthly, averaging 98.250 1982-1984=100 from Jan 1947 (Median) to Jun 2018, with 858 observations. The data reached an all-time high of 132.000 1982-1984=100 in Dec 1999 and a record low of 40.700 1982-1984=100 in Jan 1947. CPI W: sa: Apparel: Men & Boy (MB) data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I013: Consumer Price Index: Urban Wage and Clerical Workers: sa.

United States Consumer Price Index (CPI): Wage Earners: sa data was reported at 244.931 1982-1984=100 in Jun 2018. This records an increase from the previous number of 244.587 1982-1984=100 for May 2018. United States Consumer Price Index (CPI): Wage Earners: sa data is updated monthly, averaging 98.100 1982-1984=100 from Jan 1947 (Median) to Jun 2018, with 858 observations. The data reached an all-time high of 244.931 1982-1984=100 in Jun 2018 and a record low of 21.600 1982-1984=100 in Jan 1947. United States Consumer Price Index (CPI): Wage Earners: sa data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I013: Consumer Price Index: Urban Wage and Clerical Workers: sa.