CPI: Moderate Health Price Increases
The Consumer Price Index rose 0.3 percent in December. Medical prices rose only 0.2 percent. This is the fourth month in a row we have enjoyed medical price relief. Even prices of prescription drugs...
View ArticleGDP: Tame Health Spending In Weak Report
For those (like me) concerned about how much health spending continues to increase after Obamacare, today’s flash report of fourth quarter Gross Domestic Product confirmed good news. Overall, real GPD...
View ArticleHealth Construction Picked Up in December
Health facilities construction turned around in December, growing 0.6 percent versus a decline of 0.3 percent in starts for other construction. Health facilities construction accounted for almost 6...
View ArticleSlow Growth, Downward Revision in Health Jobs
Last month’s job report showed an explosion in health jobs versus non-health jobs. Revisions to previous data in this morning’s very strong jobs report indicate those data were not correct. Health jobs...
View ArticlePPI: Health Prices Mixed Amidst Inflation
January’s Producer Price Index rose 0.6 percent. However, prices for many health goods and services grew slowly, if at all. Nine of the 16 price indices for health goods and services grew slower than...
View ArticleHealth Prices Up Two Thirds Less Than CPI
The Consumer Price Index rose 0.6 percent in December, while medical prices rose only 0.2 percent. This is the fifth month in a row we have enjoyed medical price relief in the CPI. Even prices of...
View ArticleGDP: Strong Health Spending In Weak Report
For those (like me) concerned about how much health spending continues to increase after Obamacare, today’s second report of fourth quarter Gross Domestic Product shows concern is still warranted....
View ArticleHealth Construction Declined in January, Robust Year on Year
The construction market was weak overall in January, especially in health facilities, where construction starts declined 1.6 percent from December. Other construction starts declined only 1.0 percent....
View ArticlePPI: Health Prices Mixed, Inflation Low
February’s Producer Price Index rose 0.3 percent. However, prices for many health goods and services grew slowly, if at all. Nine of the 16 price indices for health goods and services grew slower than...
View ArticleCPI: Medical Price Hikes Match Inflation
Both the Consumer Price Index and the price index for medical care rose just 0.1 percent in February. This is the sixth month in a row we have enjoyed medical price relief in the CPI. Even prices of...
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