Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating Apparel Prices
In this episode of Wages and Prices, Lucas and Luna examine a surprising consumer win: apparel prices are falling even as wages rise. With average hourly earnings at $37.50 and clothing costs down over 2% year-over-year, the purchasing power for clothing is at a generational high. They drill into the specific data — the CPI apparel index versus wage growth — and discuss why this trend is happening. From supply chain shifts to fast fashion competition and changing consumer habits, they explore whether this is a durable shift or a temporary anomaly. Lucas also ties in the broader economic…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.