Page 17 - US Market Performance Report 1Q 2018
P. 17
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The Annual Rates of In ation chart at the right shows the Northeast and Midwest regions are approaching, but not yet at, Federal Reserve target rates.
The South is approximately at the national average rate, but the West is exceeding in ation rate targets.
This is likely due to the West’s higher proportion of higher wage technology sector jobs and higher rates of home price in ation.
Annual Rates of Inflation
Year-over-year, 2018 projected from Q1-Q2 YOY Change
All US Northeast Midwest South West 7% SOURCE: US DEPARTMENT OF LABOR, BUREAU OF LABOR STATISTICS - URBAN AREAS/ALL ITEMS
The West Region is exceeding the Fed's 2% target inflation rate.
6% 5% 4% 3% 2% 1% 0%
-1%
1990 1995
2000 2005 2010
2015 2020
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