Posted on March 17, 2006 by Nancy

AP Economics Writer Martin Crutsinger is reporting that “inflation, after spiking at the start of the year, slowed sharply in February, reflecting large declines in fuel prices and the cost of clothing.”
In February, energy prices fell by 1.2 percent. Pump prices dropped 1 percent, home heating oil was down 2.8 percent and natural gas prices [...]

Posted on March 15, 2006 by Sarah White

The Federal Reserve’s new beige book report, which offers a glance at economic conditions in all 12 Fed districts, showed that the American eceonmy grew at a “moderate” pace in January and February in most parts of the country.
High prices for fuel and raw materials continued, and both business and consumer spending grew.
Based [...]