Bureau of Labor Statistics Southwest Information Office
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Analysis: Gas prices in Wisconsin remain elevated under President Biden as Americans enter summer driving season
As the summer driving season kicks off, an analysis of gas price data revealed that Wisconsin consumers are paying over 50% more for gasoline now than they were when President Biden was sworn into office.
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Analysis: Cost of gas up 45% in Wisconsin during President Joe Biden’s tenure
An analysis of gas price data revealed that Wisconsin consumers are paying 45% more for gasoline than they were when President Biden was sworn into office.
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U.S. Wisconsin gas prices far outpace inflation
Gas prices have risen by 18 percent nationally and in Wisconsin since the beginning of the year, significantly higher than the 4.6 percent average increase in the overall Consumer Price Index over the same time period. Wisconsin pump prices are nearly six times higher in 2023 than the overall annual inflation rate for August.
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'Inflation is a tax on ALL Americans' as Midwest Region, Wisconsin CPI report shows 6.8% inflation rate
On Dec. 13, the newest Consumer Price Index report for the Midwest, including Wisconsin, was released showing an overall slight decrease in the annual inflation rate at 6.8%, which economists say is a good sign but is still much higher than pre-pandemic levels. The price of goods continue to rise as workers are taking on second jobs to make ends meet. President Biden was pleased with the report while his critics said prices and overall inflation are still very high causing Americans to lose money overall in the last two years.
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Former White House official: 'Inflation, the economy, crime, border security, Mr. Biden’s approval rating' are 'midterm’s gravitational forces'
In an op-ed for the Wall Street Journal, Karl Rove claims the GOP is likely to win many races because of inflation, the economy, crime, the border and President Joe Biden’s approval rating.
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New poll: ‘76% say grocery prices have risen in last month’ as economy headed for recession and Barnes supports program experts say could lead to increased future inflation
According to Ballotpedia’s most recent Scott Rasmussen Number of the Day poll, a majority of voters have seen grocery prices and gas prices rise in the past month. Economists are predicting a recession is coming and inflation is not going away anytime soon. Some economists say inflation is tied to government spending, supply chain logistics and the war in Ukraine. Wisconsin candidate for Senate Mandela Barnes supported the Student Debt Relief executive order under the Biden administration earlier this year.
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BLS Inflation report: CPI in midwest region and Wisconsin higher than expected at 8.1%
The most recent data report on inflation has been released and the numbers were greater than expected. Some economists see the economy heading toward a recession and claim inflation stems from government spending. The report did not bode well for President Joe Biden and Democrats looking toward the election in November. The consumer price index for the midwest region, which includes Wisconsin, was reported at 8.1%.
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McConnell: 'Inflation has shot up a staggering 13.2%' since Biden took office
Senate Minority Leader Mitch McConnell (R-KY) said voters everywhere have paid the price since President Joe Biden took over in the White House.
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'Inflation has been eating up wage gains since April 2021,' eroding Wisconsin's average household income down $3,112 annually
Washington Post columnist Heather Long laments the 8.3% inflation rise for the month ending August 2022 is just more of the same, setting the stage for more financial struggle for taxpayers across the country."Average hourly pay in America **adjusted for inflation** is -2.8% in the past year,” Long posted on Twitter.
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Wisconsin woes: $14.1% inflation rate, $26,000 more to raise each child than 2 years ago
As inflation rates continue to skyrocket into realms not seen before, the cost of raising a child through high school is also proving to be sharply on the increase for most American families.
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3 in 5 Americans concerned about housing affordability, Wisconsin's average rent up 17%
With inflation hovering at near record levels and other economic conditions still worsening, most Americans now fear they will be unable to pay housing costs over the next year as the majority of them point to rent increases they have already been forced to deal with over the last 12 months.
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Wisconsin's average household income decreases by $3,295: 'One month's respite is far from the end of this punishing inflation bout'
Prices of necessities continue to rise while the national year-over-year average wage earnings are headed in the opposite direction.
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'Inflation is a tax on all Americans': Latest Consumer Price Index shows increases in largest parts of Wisconsin families median household budget
The latest Consumer Price Index (CPI) numbers are out for the month of July, and although the reported inflation number is slightly lower than June, the indexes for some categories increased.
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Record 9.1% inflation cuts into Wisconsin workers' real wages
That raise you got last year has gone up in smoke as the nation’s 9.1% inflation rate translated into a decline in buying power over the past year.
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Wisconsinites forced to use pandemic savings to cope with inflation
Since the onset of the COVID-19 pandemic, lockdowns and stimulus checks enabled U.S. households to build up a large amount of extra savings. However, with inflation causing prices to soar across the board, Americans are reportedly being forced to tap into their pandemic savings to keep up with rising costs and, if June poll results are any indication, they are placing the blame on the president for inflation.
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Wisconsin: 3 in 5 Americans disapprove of Biden's economic recovery efforts
A new ABC/Ipsos poll highlights President Joe Biden’s ongoing struggles to connect with voters on a number of critical fronts.
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WSJ editorial board: Private sector wages are up but 'inflation tax' means workers must spend more to buy less,
Private sector employees are making more in pay and benefits but what they're bringing home isn't keeping up with inflation, the Wall Street Journal's editorial board opined late last month
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Inflation hits highest point in 40 years, statistics show
The U.S. Bureau of Labor Statistics released data that showed the Consumer Price Index increased 7% over the last year, which is the most in four decades.
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'I think we need to put a pause button on government spending': Inflation and unemployment rates grow in Wisconsin
Wisconsin is experiencing high inflation and an increase in the misery index for the country.
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‘This is Joe Biden’s economy’: Hourly wages fall as inflation surges
Average hourly wages have fallen 1.2% over the last year, with a 1.6% decrease in real average weekly earnings, according to the real earnings summary released by the U.S. Bureau of Labor Statistics.