U.S. Economic News
March 10, 2021
U.S. Economic Indicators
Consumer prices rose 0.4% in February (up 1.7% from a year ago). The “core” CPI, which excludes food and energy, edged up 0.1% in February and has risen 1.3% since last year. BLS Report
U.S. News
The Wall Street Journal reports that, despite fears the pandemic would cause widespread tax shortfalls, total state tax revenues in 2020 were roughly flat compared to the year before. While analysts still expect budget gaps over the next two years, robust federal support and stable employment among wealthier workers helped avert most of the large declines feared at the onset of the crisis. WSJ