As LIFOPro has evolved in the last three decades since our inception in 1992, we are constantly making improvements based on our client’s needs. With the advancement of technology, companies are expecting web-based software solution options more than ever. LIFOPro has answered that call with our new private cloud. As efficient as our software & […]
The Bureau of Labor Statistics (BLS) released June 2020 Consumer Price Indexes (CPI) today. The All Commodities index saw a 0.5% increase over the last month & has increased 0.6% over the last 12 months on a seasonally unadjusted basis. All items less food and energy increased 0.2% from May – June 2020 & rose […]
The BLS released June 2020 PPI today. The All commodities index decreased 4.6% over the last month & increased 0.9% from June ’19 – ’20. Food Commodities Fruits & vegetables rose 6.7% between May – June 2020 & has declined 0.9% over the last 12 months. Chicken eggs decreased 1.6% from May 2020 to June […]
The BLS released May ’20 PPI today. The All commodities index increased 1.8% from April – May ’20 & decreased 6.1% between May ’19 – ’20. Commodities Affected by COVID-19 & the Related Supply/Demand Volatility Food Fruits & melons, fresh/dry vegetables & nuts saw a 5.7% decrease between April – May 2020 and a 6.1% […]
The Bureau of Labor Statistics (BLS) released May 2020 Consumer Price Indexes (CPI) today. The All commodities index was unchanged over the last month & has increased 0.1% over the last 12 months on a seasonally unadjusted basis. All items less food and energy decreased 0.1% from April – May 2020 & rose 1.2% between […]
Defining Good LIFO Candidates When weighing the costs & benefits of using the LIFO method, the following factors are key in determining if a company is a good LIFO candidate Inflation rate – When working with companies to determine if they’re a good LIFO candidate, we look for a historical average annual inflation greater than […]
The BLS released April 2020 PPI today. The All commodities index dropped 3.0% from March – April 2020 & decreased 2.1% between April ’19 – April 2020. Commodities Affected by COVID-19 & the Related Supply/Demand Volatility For the foreseeable future, our monthly BLS PPI release blogs will highlight price changes for commodities experiencing above average […]
The Bureau of Labor Statistics (BLS) released April 2020 Consumer Price Indexes (CPI) today. The All commodities index decreased 0.7% over the last month & has increased 0.3% over the last year on a seasonally unadjusted basis. All items less food and energy decreased 0.5% from March – April 2020 & rose 1.4% between April […]
The Bureau of Labor Statistics (BLS) released March 2020 Consumer Price Indexes (CPI) today. The All commodities index decreased 0.2% over the last month & has increased 1.5% over the last year on a seasonally unadjusted basis. All items less food and energy were unchanged from February – March 2020 & rose 2.1% between March […]
The Bureau of Labor Statistics (BLS) released March 2020 Producer Price Indexes (PPI) today. All commodities saw a decrease of 3.5% over the last month and a decrease of 1.4% over the last year. Building paper & building board mill products increased by 11.4% over the last month & rose by 10.8% over the last […]
The Bureau of Labor Statistics (BLS) released February 2020 Consumer Price Indexes (CPI) today. The All commodities index increased by 0.3% over the last month & has increased 2.3% over the last year on a seasonally unadjusted basis. All items less food and energy increased by 0.5% between January 2020 – February 2020 & rose […]
The Bureau of Labor Statistics (BLS) released January 2020 Consumer Price Indexes (CPI) today. The All commodities index increased by 0.4% over the last month & has increased 2.5% over the last year on a seasonally unadjusted basis. All items less food and energy increased by .04% between December ’19 – January 2020 & rose […]
