Inflation in the Midwest March 2024

Inflation in the Midwest March 2024

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Today’s inflation print points to a resurgence in inflation. In the U.S. inflation rose by 0.4% in March, failing to hit analysts’ 0.3% expectations. For Iowans, prices rose 0.7% last month.

Common Sense Institute Iowa Belief Statement

We believe sound fiscal and economic research is essential to uphold Iowa’s economic vitality, future, and individual opportunity. 

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Happy #AffordableHousingMonth! Since the housing market bottomed in 2011, the cost of rent in the U.S. has far outpaced wages. In Iowa, the opposite is true: wages increased faster than rents.

Read CSI’s full housing competitiveness report here: https://bit.ly/3JANy68
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Join the CSI Team in celebrating #NationalFosterCareMonth as we extend our heartfelt gratitude to all foster families, social workers, advocates, and caregivers who tirelessly dedicate themselves to supporting and nurturing children in need. ...

Frustrated with the housing market in your state? Come to Iowa! Since 2011, wages have grown faster than the cost of rent. Meanwhile, Iowa remains one of the top 10 most affordable places for renters to become homeowners.

Read the data: https://bit.ly/3JANy68
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DYK: Iowa ranks 17th in housing competitiveness among all 50 states and the District of Columbia.

Read more at https://bit.ly/3JANy68
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Iowa’s latest job report showed a decline in the unemployment rate from 3% to 2.9%.

Read the latest report here: https://bit.ly/3UnqZbk
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CSI Iowa eagerly awaits the tip-off of the WNBA season, with all eyes on Clark as she gears up for her historic first season with the Indiana Fever. 🏀🔍 #FirstPickFever

Catch up on "Clarkonomics" before the games begin: https://bit.ly/496Rd62
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Thanks to inflation, Iowans must now spend $1,000 more per month than they did in 2020 to maintain their standard of living, according to our latest inflation report.

Read the report here: https://bit.ly/3PYSk0V
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DYK: Caitlin Clark induced a $82.5 increase in consumer spending?

CSI presents `Clarkonomics` featuring Ben Murrey, CSI Director of Policy and Research, delving into the economic impact of Caitlin Clark`s prowess on the court.

Tune in for enlightening insights where sports meets economics. It`s game time – let`s strategize! 🏀 https://bit.ly/3xqXDjj
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Game on! 🏀

Today marks Caitlin Clark`s return to the court, and we`re diving into `Clarkonomics` in our latest podcast episode featuring Ben Murrey, CSI Director of Policy and Research.

Tune in for insights at the intersection of sports and economics. Let`s break down the game plan! Link in bio.
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Iowa’s combined state and local government spending fell from 20.4% of GDP in 2011 to 19.6% in 2021. Expect the growth in the economy to outpace government spending by even more due to the Governor`s tax reforms of 2018 and 2022.

Read more — link in bio.
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COMMON SENSE INSTITUTE’S MISSION

CSI’s mission is to examine the fiscal impacts of policies, initiatives, and proposed laws so that residents are educated and informed on issues impacting their lives. Common Sense Institute was founded in 2010 originally as Common Sense Policy Roundtable in Colorado. CSI’s founders were a concerned group of business and community leaders who observed that divisive partisanship was overwhelming policymaking and believed that sound economic analysis could help residents make fact-based and common sense decisions.