Bureau of Labor Statistics Archives

Average Nevada Household Spending $32,554 More Due to Inflation Since January 2021

August 19, 2024 12:53 pmAugust 26, 2024 12:06 pm

According to Consumer Price Index data released by the Bureau of Labor Statistics, the Joint Economic Committee (JEC) estimates that Nevada households are paying an extra $1,175 on basic household goods and services. Cumulatively, the average Nevada household is spending $32,554 more due to inflation since January 2021. The cumulative...

Build Back Better? Nevada Inflation Rate Hits 16 Percent

October 14, 2022 2:24 pmOctober 25, 2022 2:54 pm

The U.S. Congress Joint Economic Committee revealed that inflation in Nevada has reached 16 percent, nearly twice the national CPI average and hitting Nevada households the hardest. The data shows that rising prices are costing Nevada households an additional $867 a month or $10,402 a year since January 2021. In...