Your gateway to a free society
Article
Companies Report Raging Inflation, Except In Wages & Rents
Companies Report Raging Inflation, Except In Wages & Rents
Authored by Wolf Richter via Wolf Street,
Manufacturers reported that the costs of health insurance for employees shot up by 14.2% on average; service firms reported an average increase of 12.9%, according to a report by the New York Fed based on a survey of companies in the New York-Northern New Jersey region.
These are averages, but “some firms reported increases of between 25% and 50% when they renewed their coverage,” the report said.
Manufacturers and service firms both reported that the costs...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
May 8, 2026 / Tyler Durden
What The Indiana Primaries Tell Us About Trump's Grip On The GOP
Antony P. Mueller
Why Mises’s Theory of Economic Calculation Still Is Relevant Today
Apr 28, 2026 / Tyler Durden
Conference Board Confidence Unexpectedly Jumps To Highest In 2026
Conference Board Confidence Unexpectedly Jumps To Highest In 2026
Despite war (and rising gas prices) now fully embedded in respondents' minds, it is perhaps surprising that The Conference Board's Consumer Confidence rose considerably more than expected to 92.8 in April (89.0 exp) from an upwardly revised 92.2.
Present Situation dipped very modestly from 124.1 to 123.8 (120.1 exp) while Expectations rose from 71.0 to 72.2 (69.2 exp)
Source: Bloomberg
That is the highest headline print in 2026.
“Consumer appraisals of current and expected business conditions declined moderately compared to last month," said Dana M Peterson,...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?