Graph and download economic data for Consumer Price Index for All Urban Consumers: Commodities in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SAC) from Nov 1966 to Feb 2025 about Seattle, WA, urban, consumer, CPI, commodities, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Other Goods and Services in Seattle-Tacoma-Bellevue WA (CBSA) (CUUSA423SAG) from H1 1984 to H2 2024 about Seattle, WA, urban, consumer, goods, services, CPI, inflation, price index, indexes, price, and USA.

In December 2024, inflation amounted to 2.9 percent, while wages grew by 4.2 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 Consumers: Owners' Equivalent Rent of Residences in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SEHC) from Nov 1982 to Feb 2025 about Seattle, rent, WA, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Food at Home in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SAF11) from Jan 1953 to Feb 2025 about Seattle, WA, urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Nondurables Less Food in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SANL1) from Nov 1966 to Feb 2025 about Seattle, nondurable goods, WA, urban, food, consumer, goods, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Education and Communication Services in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SAES) from Dec 2009 to Feb 2025 about communication, Seattle, WA, education, urban, consumer, services, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Services less medical care services in Portland-Salem, OR-WA (CMSA) (DISCONTINUED) (CUUSA425SASL5) from 1984 to 2017 about Portland, medical, OR, WA, urban, consumer, services, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Energy in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SA0LE) from Nov 1977 to Feb 2025 about Seattle, energy, WA, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All items in Washington-Baltimore, DC-MD-VA-WV (CMSA) (DISCONTINUED) (CUUSA311SA0) from 1997 to 2017 about DC, Washington, MD, WV, VA, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Transportation Commodities Less Motor Fuel in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SATCLTB) from Dec 2009 to Feb 2025 about Seattle, fuels, WA, transportation, urban, consumer, CPI, commodities, inflation, price index, indexes, price, and USA.