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Mike Konczal: Software weighting in CPI and PCE poses practical implications

Mike Konczal: Software weighting in CPI and PCE poses practical implications
Software weighting differences in CPI and PCE

Mike Konczal discusses the complexities in measuring software within the Consumer Price Index (CPI) versus the Personal Consumption Expenditures (PCE) index and the practical outcomes that can result from these different weightings.

He contrasts his research process with experiences using Opus software, highlighting that earlier versions provided more straightforward information for his needs, while the newer version involves more tangents.

Konczal has previously critiqued major fiscal policy moves, arguing that the OBBBA increased the U.S. deficit by raising debt and reducing support for consumers. He has also highlighted how nominal wage gains are diminished when 3.9% inflation is factored in. These topics reflect his focus on the real-world impact of policy and data measurement.

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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