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Ernie Tedeschi: SPM resources adjusted with BLS distributional chained CPI

Ernie Tedeschi: SPM resources adjusted with BLS distributional chained CPI
SPM resources with chained CPI adjustment

Ernie Tedeschi highlights his preference for Supplemental Poverty Measure (SPM) resources, which incorporate noncash benefits and exclude certain expenses.

He shares an example illustrating how SPM resources change when applying the Bureau of Labor Statistics' distributional chained Consumer Price Index (CPI).

Tedeschi has previously identified U.S. interest rate differences with Europe and the concentration of high-growth AI firms as significant economic drivers in a recent analysis. He has also noted that the standardization of GDP enables easier global economic comparisons, despite ongoing measurement challenges, in a separate report. These assessments provide context for his focus on economic measurement tools.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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