Share
Where Inflation Is Worst In The U.S.
Americans moved around a lot over the past two years, and those destinations also happen to have the highest inflation rates in the U.S. The relationship between migration and inflation has strengthened significantly as more people relocated from expensive coastal cities to more affordable metro areas, according to an analysis released by Redfin. Phoenix, Atlanta and Tampa are among the metro regions seeing both hot inflation and the pandemic’s surge of home buying. Watch the video above to learn more about why migration impacts inflation, how the Bureau of Labor Statistics measures rising costs, the role of wages and what may be next for these hot spots.
Thu, 19 May 2022 16:00:57 GMT
SIGN UP FOR OUR NEWSLETTER
DAILY UPDATE
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.