Monday, March 14, 2016

How does Rent Factor into the Consumer Price Index (CPI)?



"One economic tool which has stood the test of time is the shelter component of the Consumer Price Index (CPI). Provided by the U.S. Bureau of Labor Statistics (BLS), the shelter index is a measure of the costs associated with housing, not including investments and upgrades. It’s a major component of CPI — making up 32.8% of total CPI — and has been included since its inception in 1913."

Full Article: ALEX Chatter