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Journal Article
From spotlight to shadow: housing's luster fades
New home construction set a torrid pace for years in the Southeast. But the homebuilding industry has cooled considerably, tempering the vitality of industries that had flourished along with it.
Newsletter
Food inflation and the consumption patterns of U.S. households
In July 2008, food prices were 6.0% above their July 2007 level. This article examines how different household types have been affected by the recent rapid rise in food prices.
Journal Article
Consumer durable goods in recovery
Discussion Paper
Consumer Goods from China Are Getting More Expensive
We find that, in a sharp reversal of earlier trends, U.S. import prices for consumer goods shipped from China have been rising rapidly in recent quarters—by 7 percent between 2010:Q2 and 2011:Q1. In this post, we track U.S. import price movements in Chinese goods in different product categories by creating an import index that uses highly disaggregated data. We also consider the likely causes of the recent rise in prices for consumer goods. If these price hikes persist, they could have important consequences for U.S. businesses and consumers because China is the largest single supplier of ...
Journal Article
Consumer durable goods markets
Journal Article
An evaluation of the decline in goods inflation
Over the past decade, the worldwide average for inflation has plummeted from 30 percent to 4 percent. For many countries, especially those starting out with high inflation rates, falling inflation has been desirable. But the experiences of other countries have raised the question of whether inflation can be too low. In some economies, inflation has dipped to levels that risk disruption of the normal functioning of the economy. ; In the United States, many commentaries on the potential for deflation have noted the sharp contrast between goods and services prices. Excluding food and energy, ...
Journal Article
Trends in consumer goods
Journal Article
A (mild) defense of luxury
Journal Article
Consumer goods developments