{"id":268927,"date":"2025-01-16T21:22:57","date_gmt":"2025-01-16T21:22:57","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/01\/16\/the-cpi-roseas-did-wages-mid-2022-to-2024\/"},"modified":"2025-06-25T17:09:41","modified_gmt":"2025-06-25T17:09:41","slug":"the-cpi-roseas-did-wages-mid-2022-to-2024","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/01\/16\/the-cpi-roseas-did-wages-mid-2022-to-2024\/","title":{"rendered":"The CPI Rose\u2026as Did Wages (mid-2022 to 2024)"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-55227\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p><a href=\"https:\/\/x.com\/RealEJAntoni\/status\/1879526104421257712\">Heritage Foundation\u2019s EJ Antoni<\/a> shared this graph of the CPI level:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/ejantoni_cpitrends.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-55228\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/ejantoni_cpitrends.png\" alt=\"\" width=\"900\" height=\"693\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/ejantoni_cpitrends.png 900w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/ejantoni_cpitrends-300x231.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/ejantoni_cpitrends-768x591.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/ejantoni_cpitrends-624x480.png 624w\" sizes=\"(max-width: 900px) 100vw, 900px\"\/><\/a><\/p>\n<p>Aside from including the pandemic era price level, I thought about what happened to real wages. These\u00a0have risen faster post 2022M07.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/avgwage2023dollars.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-55229\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/avgwage2023dollars.png\" alt=\"\" width=\"835\" height=\"532\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/avgwage2023dollars.png 835w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/avgwage2023dollars-300x191.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/avgwage2023dollars-768x489.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/01\/avgwage2023dollars-624x398.png 624w\" sizes=\"(max-width: 835px) 100vw, 835px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> CPI deflated average hourly earnings (black), and 2017M01-2019M12 trend (red), and 2022M07-2024M12 trend (light blue), in 2023$. Stochastic trends estimated on logged values. NBER defined peak-to-trough recession dates shaded gray. Source: BLS via FRED, NBER, and author\u2019s calculations.<\/em><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/01\/the-cpi-rose-as-did-wages\" title=\"12:13 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-01-16T12:13:16-08:00\">January 16, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/01\/the-cpi-rose-as-did-wages\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Heritage Foundation\u2019s EJ Antoni shared this graph of the CPI level: Aside from including the pandemic era price level, I thought about what happened<\/p>\n","protected":false},"author":1,"featured_media":268928,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/268927"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=268927"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/268927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/268928"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=268927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=268927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=268927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}