Trouble in Hand and Looming

Consistently Surveyed, Reported and as Deflated by the Headline CPI-U,
2016 Median Household Income Held Shy of Its Pre-Recession 2007 Peak,
Below Levels of the Late-1990s and Minimally Higher than Levels of the Mid-1970s

2016 Income Variance and Dispersion Increased, Holding Near Record Highs,
Signaling Severe Financial-Market and Economic Stresses in Place

Real Average Weekly Earnings Declined in August

Hurricane Harvey May Have Had Minimal Impact on Inflation-Data Gathering, but
It Certainly Added Upside Pressure on Petroleum-Related Market Prices

August CPI-U Inflation Monthly Gain of 0.40%
Pulled Annual CPI-U Inflation Higher to 1.94% (Was 1.73%), with
CPI-W at 1.93% (Was 1.64%) and ShadowStats at 9.7% (Was 9.4%)

August 2017 Annual Final-Demand PPI Rose to 2.35% from 1.90% in July

Faltering Economic Activity and Intensifying Political Discord Continue to
Peril the Dollar and Intensify Risks in Markets Vulnerable to Turmoil