U.S. Economic News
January 13, 2021
U.S. Economic Indicators
Consumer prices rose 0.4% in December (up 1.4% from a year ago). The “core” CPI, which excludes food and energy, also rose 0.1% and is up 1.6% from last year. BLS Report
U.S. News
The Wall Street Journal reports that a quick recovery from COVID-19 has been a boon for the Chinese economy, with China expected to be the only major economy in the world to have grown in 2020. As a result, global economic growth is now more reliant on China for growth than ever before, as the U.S. and many others continue to reel from the pandemic. WSJ