July 2023 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released July Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products decreased 2.9% in the last month and decreased 10.4% in the last twelve months Processed foods + feeds increased 0.3% from June and fell 0.2% since July 2022 Textile […]
View full articleJuly 2023 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released July 2023 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items increased 1.0% in the last month and rose 2.8% in the last twelve months Food at home increased 0.4% from June and increased 3.6% since July 2022 […]
View full articleJune 2023 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released June Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products decreased 4.4% in the last month and decreased 10.2% in the last twelve months Processed foods + feeds decreased 1.1 % from May and fell 0.9% since June 2022 […]
View full articleJune 2023 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released June 2023 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items increased 0.1% in the last month and rose 2.0% in the last twelve months Food at home decreased 0.1% from May and increased 10.1% since June 2022 […]
View full articleMay 2023 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released May Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products increased 0.2% in the last month and decreased 7.0% in the last twelve months Processed foods + feeds rose 1.0% from April and increased 1.4% since May 2022 Textile […]
View full articleMay 2023 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released May 2023 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items increased 0.1% in the last month and rose 4.1% in the last twelve months Food at home rose 0.1% from April and increased 5.8% since May 2022 […]
View full articleApril 2023 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released April Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products increased 1.5 % in the last month and decreased 5.1% in the last twelve months Processed foods + feeds rose 0.7% from March and increased 4.5% since April 2022 […]
View full articleApril 2023 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released April 2023 Consumer Price Indexes (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items increased 0.4% in the last month and rose 4.9 in the last twelve months Food at home rose 0.1% from March and increased 7.1% since April 2022 […]
View full articleWhen the Use of a LIFO Specialist May be the Best Choice for Your Client
When I worked at Touche Ross many years ago, the idea that another CPA or professional would be a better choice to provide specialized accounting services for one of our clients would have been just about unthinkable. Things have changed a lot over the years and the use of outside service providers for accounting services […]
View full articleMarch 2023 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released March 2023 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products decreased 0.3% in the last month and decreased 2.0% in the last twelve months Processed foods + feeds rose 0.7% from February and increased 4.5% since March 2022 […]
View full articleMarch 2023 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released March 2023 Consumer Price Indexes (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items increased 0.1% in the last month and rose 4.9% in the last twelve months Food at home decreased 0.2% from February and rose 8.4% since March 2022 […]
View full articleLIFO Election Essentials
LIFOPro’s LIFO Election Essentials What are the advantages of LIFO? It will reduce taxable income whenever there’s inflation (unless material inventory liquidation occurs) Most companies remain on LIFO once they elect because the benefits will continue to accrue & there’s no limit on how long you stay on LIFO or cap on the size of […]
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