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Chart of the Day: Price Changes

Crews Bank & Trust Wealth Management Services Sep 5, 2024
line chart dated from 2000 to 2024 with increases shown in red and decreases shown in blue

Contents

Today’s Chart of the Day from Mark Perry shows the price changes for various goods and services over the last 24 years, from January 2000 to June 2024. Overall inflation was 85%, or roughly 3.5% a year. The highest price changes were hospital services and college tuition, with increases of 256% and 187% respectively. The lowest being televisions and computers, that are cheaper by 98% and 74% respectively. The question is, “Are things subsidized more expensive because they are subsidized, or as result?”
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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