Source:
Sun-SentinelIn 2007, the nation had the highest inflation rate in 17 years. And there's more bad news: South Florida suffered through a more rapid increase in consumer prices than any other metropolitan area in the nation.
Extreme price pressures reported by the Bureau of Labor Statistics Wednesday are becoming routine for South Florida consumers, who are paying far more for housing and gas than the rest of the nation. Here, a gallon of unleaded on Wednesday averaged $3.18, while nationwide, it's only $3.05.
Due primarily to those two factors, gasoline and housing, inflation was greater here last year -- at 5.8 percent -- than in Chicago (4.7 percent), Seattle (4.6 percent), and even New York (3.7 percent).
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The federal Bureau of Labor Statistics Wednesday said the Consumer Price Index for the nation rose 4.1 percent annual in 2007, up sharply from a 2.5 percent gain in 2006 and the worst rate of inflation since 1990. In a separate CPI calculated for metro areas, the BLS says prices galloped ahead in Miami-Fort Lauderdale by 1 percent in the last two months of the year. The 5.8 percent annual inflation rate locally was also a 17-year high and the worst rate of inflation since 6.7 percent in 1990.
Read more:
http://www.sun-sentinel.com/business/local/sfl-inflation0116,0,3704703.story?coll=sofla_tab01_layout
Yup--
Thanks Jeb and Company.
Oh, btw, you pathetic closet case Crist. Get the mothballs out of your ears and hangers out of your trousers and get to work. Pushing Prop 1 (doubling the homestead exemption and effectively decimating any and all social services in FL) is not the way to do it you sick jackass.
Disclaimer: As a gay man in Florida, I'm offended at his choice of beards in the past (Katherine Harris).
Better Blatant than latent, Charlie Boy.