Calculate annual % change by dividing start by end value, raising to inverse years, minus one, times 100. Ex: a drop from $15M to $10M over 2 years is a 18.4% average annual decline. This calculation ...
Economists first underestimated inflation, then underestimated consumers and the labor market. The key question is why. By Jeanna Smialek Economists spent 2021 expecting inflation to prove “transitory ...
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