Ice Cream and Bacon Matter: Why Economists Are Hanging on Your Every Purchase

Bacon's popularity has skyrocketed in the last 10 years.

Anyone tempted to believe that government economic reports are merely a recitation of boring statistics, got a surprising treat Wednesday with a Labor Dept. blog post detailing how inflation influences our choice of snacks.

The post was written by Steve Henderson, a supervisory economist at the U.S. Bureau of Labor Statistics, and looks at how the government calculates the Consumer Price Index.

The index is a monthly...

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