Here’s a good reason to get-thee’s arse to work:
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today.
Over the last 12 months, the all items index rose 0.1 percent before seasonal adjustment.
The seasonally adjusted all items increase was broad-based, with advances in the indexes for gasoline, shelter, and food all contributing. The energy index rose for the second straight month as the indexes for gasoline, electricity, and natural gas all increased. T
he food index posted its largest increase since September 2014, partly due to a sharp increase in the eggs index. The index for all items less food and energy rose 0.2 percent in June. In addition to the rise in the shelter index, the indexes for recreation, airline fares, personal care, tobacco, and new vehicles were among the indexes that increased in June.
These advances more than offset declines in the indexes for medical care, household furnishings and operations, used cars and trucks, and apparel.
The all items index showed a 12-month increase for the first time since December, rising 0.1 percent for the 12 months ending June. Despite rising in May and June, the energy index has still declined 15.0 percent over the past year. However, the indexes for food and for all items less food and energy have both risen 1.8 percent over the past 12 months.
And then we have a Housing Starts report to digest:
Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,343,000. This is 7.4
percent (±1.2%) above the revised May rate of 1,250,000 and is 30.0 percent (±2.3%) above the June 2014 estimate of 1,033,000.
Single-family authorizations in June were at a rate of 687,000; this is 0.9 percent (±1.1%)* above the revised May figure of 681,000.
Authorizations of units in buildings with five units or more were at a rate of 621,000 in June.
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,174,000. This is 9.8 percent (±19.9%)* above the
revised May estimate of 1,069,000 and is 26.6 percent (±19.6%) above the June 2014 rate of 927,000.
Single-family housing starts in June were at a rate of 685,000; this is 0.9 percent (±11.5%)* below the revised May figure of 691,000.
The June rate for units in buildings with five units or more was 476,000.
Privately-owned housing completions in June were at a seasonally adjusted annual rate of 972,000. This is 6.7 percent (±11.8%)* below
the revised May estimate of 1,042,000, but is 22.0 percent (±14.8%) above the June 2014 rate of 797,000.
Single-family housing completions in June were at a rate of 647,000; this is 0.3 percent (±9.3%)* below the revised May rate of 649,000.
The June rate for units in buildings with five units or more was 317,000.
As for market reaction? Not much on the stock side, but the dollar went up which means (if you have been attention while I’ve been up here sniffing this whiteboard marker) that gold should be coming down…
It are and you is a frickin jeenius. Repeat after me: Dee-phlae-shun.
Another Crazy Muslim
Not to go off on a politically incorrect footing here, BUT…
Let me see: We have how many dollars going into Homeland and NSA ear-marked for surveillance? They can probably pick up your paying a credit card bill online, but there’s no profiling of every electronic move by these displaced nutters welcomed to our shores, by the insaniacs of the politically correct league?
What part of stupid isn’t clear, here?
Another Tear-Jerker Global Warming Story
Everything but the virgins and apple pies in this one: Polar Bears are not able to adapt to summer food loss in the Arctic.
Reality check: Polar bears eat seals. Seals eat fish. Russian, Japanese, Korean, and other long-liners and ocean sweepers are killing off the food chain.
It’s not a warming issue.
It’s a collapse of the food chain issue because there are 7 billion people who eat too much.
Solution: Birth control in the water supplies of third world countries like Niger, Mali, Uganda, all the way down through at least #39 in the population-sex-offenders list and beyond. It’s like Yemen’s national sport is popping out more fundamentalist material who hate us. Speaking of Yemen, they are still happily warring when they’re not supporting the one of the fastest birth rates around.
Even though it was/is heavy-handed, China did take the lead in containing its population.
Driverless Car Accident
First injury accident has been announced involving a robotic car.
But it wasn’t the software’s fault.
Every time I read about a railroad train derailing, I wonder if the underlying roadbed is moving as earth sets up for another quake?
This time, it’s an oil train in Montana. Far northeast Montana, up near Culbertson, N.D.
Don’t know how much you know about the lay of the land up there, but the plains sort of take off east from around Billings. And we have often wondered, since the US continent is moving West, if there wouldn’t be a lot of high plains earth movement before a Big One in Cascadia…
Equal Opportunity Porn
How’s this, again? Almost one in four porn viewers is now female?
Our Kind of Workplace
A mayor in Spain has declared citywide naps for all. The 2-5PM Siestas are only a recommendation, however.
And you wonder why the EU will someday have to implode? But while we’re at it,. how about a morning nap, too, from say 8 AM to lunch hour?
Ganj For Bone Fractures
Not sure if it works on humans but we do wonder where PETA, Greenpeace, and the WWF was while the researchers were breaking rat legs to test out the theory…
And If You Haven’t Hit the ViseGrips Yet…
A lawsuit in Seattle says the city’s new composting law is too tough.
I truly don’t get it: People have enough money to hire an attorney, but not to buy a shredder? Help me, pinch me…
Is it Miller time, yet?
As Reader Bill warned”
I take issue with your statement that we’ve become a “nation of idiots”. I would dress you down for it, but my sub-par education, and the lack of use of the one I did receive, makes it impossible for me to find the right words. We’re not ALL stupid you “no”…
Oh yes we is…and tewdays nooze pruves zit.