News & Analysis as of

Bureau of Labor Statistics Consumer Price Index

Blindauer Law PLLC - Government Contracts...

Government Contracts Inflation Update

In October 2022, I circulated “An In-Depth Examination of Inflation Relief for a Government Contractor[.]”    Much has occurred since.   Inflation remains an acute problem.   In turn, contractors and subcontractors continue...more

Fox Rothschild LLP

$46 Million Organic Grain Fraud Scheme Originated in Cottonwood County, Minnesota

Fox Rothschild LLP on

Two Minnesota men from Cottonwood County, Minnesota, have been charged with defrauding grain buyers, to the staggering amount of $46 million. James Clayton Wolf, 65, and Adam Clifford Olson, 45, have been charged with three...more

Blindauer Law PLLC - Government Contracts...

An In-Depth Examination of Inflation Relief for a Government Contractor

Inflation is generally down from 2021, but is still high in too many places, and is expected to persist in 2023.   With inflation eroding value for this long, a Government contractor may need to obtain contract relief.  ...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

California’s Minimum Wage Rate Jumping to $15.50 Per Hour in 2023

​​​​​​​California’s minimum wage rate will rise to $15.50 per hour, beginning on January 1, 2023, due to a cost-of-living increase provision found in the state’s minimum wage law. California Labor Code section 1182.12...more

Cozen O'Connor

Cozen Currents: The Narrowing Legislative Window

Cozen O'Connor on

The Cozen Lens- •Democrats all share the same goal of trying to maintain as many seats in Congress as possible, but how they should go about doing so depends on who you ask. •Meanwhile, Republicans are poised to retake...more

Wiley Rein LLP

DoD Provides Guidance on Economic Price Adjustments Amidst Growing Concerns Over Inflation

Wiley Rein LLP on

WHAT: The U.S. Department of Defense (DoD) issued a memorandum to provide guidance on the use of economic price adjustments (EPAs) in existing and prospective DoD contracts in response to contracting officers’ (COs) and...more

ArentFox Schiff

Will the Retail Apocalypse Return?

ArentFox Schiff on

After years of large retailers and malls struggling prior to the COVID-19 pandemic and the most vulnerable retailers filing for bankruptcy relief in its immediate wake in early 2020, the US economy rebounded strongly with the...more

Fox Rothschild LLP

Inflation and Contracts: What You Can Do to Make – or Save – Money Going Forward

Fox Rothschild LLP on

Rising inflation has caused many products and services to cost far more than they did a year ago. But before you pat yourself on the back or curse yourself for signing a long-term contract in advance of the price hikes, it...more

Ruder Ware

Breaking News: Social Security Administration Announces 5.9% Benefit Increase for 2022

Ruder Ware on

Today, the Social Security Administration announced in a press release that approximately 70 million Americans who receive Social Security and Supplemental Security Income (SSI) will receive a cost-of-living adjustment...more

Chambliss, Bahner & Stophel, P.C.

Possible Change to How the Government Measures Inflation Raises Concerns for Those with Disabilities

The way the government calculates inflation affects eligibility for numerous programs -- ranging from Medicaid to Supplemental Security Income (SSI) to food stamps -- that are relied on by people with disabilities. Now, the...more

Franczek P.C.

2015 Property Tax Levies Will Be Limited to 0.8% Growth

Franczek P.C. on

Last week the U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) for All Urban Consumers that will be used in the PTELL limiting rate calculations for 2015 property tax levies collected in 2016. The 2015...more

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