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John R. Russell, Ltd.

Category: Economy

image of piggy banks for each home utility bills

Steep Rise in Home Utility Bills

Posted on April 19, 2022 by johnr1note

Home utility bills have been increasing for many consumers as more people spend more time at home. Extreme weather events also seemed to contributed to higher utility bills in 2021. In 2020, median household electricity usage rose by 8.2 percent year-over-year, and only declined slightly in 2021. Between April and October, the period of peak… Continue reading

image of a graph showing inflation

Inflation Like You’ve Never Seen

Posted on April 13, 2022 by johnr1note

Well, at least like a lot of people have never seen. If forty years make a generation, then anybody under the age of 42 or 43 has never experienced inflation this high. The Labor Department has issued a report that US consumer prices soared 8.5% in March, 2022 from a year earlier for the fastest… Continue reading

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