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Capital Comments News

Holiday Inflation Cheer

The holidays are here. Time for good cheer and happy thoughts, even if candy canes and sugar plums cost 7.8 percent more this year than last.

Cost of Living Adjustments

Inflation has been so low for so long that we hardly noticed them. Now inflation is the highest it’s been in 40 years, and COLAs are in the...

The Housing Market is Cooling Off

The Federal Reserve is serious about battling inflation. They’ve raised their policy interest rate from near zero in February to an average...

Is this a Recession?

Is this a recession? Real gross domestic product has dropped for two straight quarters. Real GDP is our measure of goods and services produced,...

Inflation and Indiana School District Budgets

The inflation rate in May was 8.6 percent, the highest since the bad old days of the Great Inflation 40 years ago. We’re all paying higher...

Capital Comments: What Three Forecasts Say About Our Economic Future

Where is our economy going? Let’s ask some folks whose job it is to forecast the future of the U.S. economy. How about looking at three...

Capital Comments: What Kind of Inflation Problem Do We Have?

In May the consumer price index was 4.9% higher than it was 12 months before. The last time we saw an inflation rate that high was July 2008. The...

Capital Comments: A State Revenue Forecast for the Ages

On April 15, toward the end of the 2021 session of the Indiana General Assembly, the State Budget Committee heard the revised revenue forecast. It...

Capital Comments: Pent-Up Demand, Then and Now

What can history teach us about the demand for goods and services post-pandemic? Larry Deboer knows.