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 Producer Price Indexes (PPI) today. All commodities saw a decrease of 1.4% over the last month and a decrease of 1.5% over the last year. Nonferrous metal ores increased by 1.4% over the last month & rose by 21.5% over the last year. From January 2020 to […]
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 Producer Price Indexes (PPI) today. All commodities saw an increase of 0.2% over the last month and increase of 0.1% over the last year. Bolts, nuts, screws, rivets and washers increased by 1.8% over the last month & rose by 6.4% over the last year. From December […]
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 […]
The Bureau of Labor Statistics (BLS) released November 2019 Producer Price Indexes (PPI) today. All commodities saw an increase of 0.1% over the last month and decrease of 0.9% over the last year. Crude petroleum (domestic production) increased by 3.4% over the last month & rose by 12.7% over the last year. Dental equipment and supplies […]
The Bureau of Labor Statistics (BLS) released December 2019 Consumer Price Indexes (CPI) today. The All commodities index decreased by 0.1% over the last month & has increased 2.3% over the last year on a seasonally unadjusted basis. All items less food and energy decreased by 0.1% between November – December ’19 & rose 2.3% […]
Imagine a company with $5 million of inventory that’s taking proposals from several CPA firms to properly manage it. The company is not on LIFO, their current CPA firm never performed a benefit analysis or even offered the idea of LIFO to them and the only thing the client’s CFO recalls about LIFO is […]
The Bureau of Labor Statistics (BLS) released November 2019 Producer Price Indexes (PPI) today. The All commodities index increased by 0.3% over the last month & has decreased by 1.6% over the last year on a seasonally unadjusted basis. Dairy products increased by 1.5% over the last month & rose by 7.4% over the last […]
The Bureau of Labor Statistics (BLS) released November 2019 Consumer Price Indexes (CPI) today. The All commodities index decreased by 0.1% over the last month & has increased 2.1% over the last year on a seasonally unadjusted basis. All items less food and energy was unchanged between October – November ’19 & rose 2.3% between […]
Companies using the IPIC LIFO method must choose between using final or preliminary Producer Price Indexes. The most important differences between these two options is availability & timing. The BLS releases preliminary indexes around the 15th of the month for the previous month based on price surveys returned from companies and then follows up with […]
