Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Your Raise Is Finally Beating Furniture Prices
Episode 57 of Wages and Prices with Fexingo dives into a surprising trend: for the first time in years, hourly wage growth is outpacing furniture price increases. Lucas and Luna break down the data—median weekly earnings are up 3.9 percent year-over-year, while furniture prices have actually fallen 1.2 percent over the past twelve months. They explore why furniture costs are declining: a combination of easing container shipping rates, a post-pandemic pullback in demand, and increased competition from online-only brands. The hosts also discuss what this means for household budgets and whether…
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