Fed pegs January annualized inflation rate at 6.1%
The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures (PCE) price index, rose at an annualized rate of 6.1 in January, up from 5.8 percent in December, according to a report on Friday by the Bureau of Economic Analysis. That's the highest level since 1982. Consumer spending in January rose 2.1 percent.
More information:
Personal Income and Outlays, January 2022 (Bureau of Economic Analysis)
Consumers Defy Inflation as Spending Rebounds in January, Rising 2.1% (US News & World Report)
U.S. Consumer Spending Rose 2.1% in January and Inflation Accelerated Amid Omicron Wave (Wall Street Journal $)
Fewest Americans collecting unemployment aid since 1970 (AP)
Biden to nominate Ketanji Brown Jackson to US Supreme Court
“I’m proud to announce that I am nominating Judge Ketanji Brown Jackson to serve on the Supreme Court,” President Joe Biden said last week. "She is one of our nation’s brightest legal minds and will be an exceptional Justice.”
Currently serving on the U.S. Court of Appeals for the D.C. Circuit, she would replace Justice Stephen Breyer, who in January announced his upcoming retirement from the Supreme Court a 28 years.
More information:
Judge Ketanji Brown Jackson to become first Black woman nominated to the Supreme Court (CNBC)
Paul Ryan backs Ketanji Brown Jackson as Biden's Supreme Court pick (WPR)
Free webinar: The Impact of Russia’s Ukraine
Invasion on the U.S. Economy
Presented by Wisconsin Manufacturers & Commerce (WMC)
As Russia declares war on Ukraine and continues to invade more areas of the country, many Wisconsin businesses may be left wondering what economic impacts this could have. From triggering further inflation to causing uncertainty in the energy markets, WMC has invited experts to break down how this could affect Americans and Wisconsinites here at home.
Speakers include Dr. Yoshiko M. Herrera, Professor of Political Science at UW-Madison; John Murphy, Senior Vice President for International Policy with the US Chamber of Commerce; and Christopher Guith, Senior Vice President of the US Chamber of Commerce’s Global Energy Institute.
• Tuesday, March 1, 10:00-11:00 a.m.
Click here for details and to register
COVID-19 Updates - CDC issues new mask guidance
CDC: Many healthy Americans can take a break from masks (AP; includes map of county risk levels)
Racine mayor signs order suspending enforcement of city's mask ordinance (58 WDJT)
Universities spend COVID relief funds on student grants, revenue loss, pandemic impact (Leader-Telegram $)
COVID-19 Resources:
COVID-19 Symptoms & Testing (EC City-County Health Department)
Local COVID-19 Testing Sites (EC City-County Health Department)
Interactive COVID Data Tracker (CDC)
COVID-19: Staying Safe in Your Community (EC City-County Health Dept.)
Eau Claire County COVID-19 Information Hub
Eau Claire weekly COVID Situation Report
Eau Claire County COVID-19 Vaccination Page
Metrics Dashboard
Chippewa Valley COVID-19 Economic Recovery Task Force
Mark your calendar:
"Eau What a Night" - The Chamber's 107th Annual Meeting
• Thursday, Mar 31, 5:30 p.m., The Florian Gardens
Spring Non-Partisan General Election
Local City and Town Councils, School Boards, County Boards, Judges
• Tuesday, April 5
Partisan Primary
State Assembly, State Senate (odd # dists), US Congress, US Senate, Governor , Attorney General, State Treasurer, Secretary of State
• Tuesday, Aug 9
General Election
• Tuesday, November 8
Next up on the public calendar:
Wisconsin Political Calendar (WisPolitics.com)
City of Altoona City calendar (with links to agendas)
Meeting and video links
Mayor and City Council Members
• Tuesday, Mar 1, 1 p.m. Solis Circle Housing Committee
• Tuesday, Mar 8, 1 p.m. Altoona Housing Authority
• Thursday, Mar 8, 5:30 p.m. Plan Commission
• Thursday, Mar 10, 6 p.m. City Council
City of Eau Claire Full calendar
City Council Members (City of Eau Claire)
Link to video recordings of city meetings (City of Eau Claire)
• Monday, Mar 28, Plan Commission (Cancelled)
• Monday, Mar 7, 4:30 p.m. Landmarks Commission
• Monday, Mar 7, 7 p.m. City Council Public Hearing
• Tuesday, Mar 8, 4 p.m. City Council Legislative Session
• Wednesday, Mar 9, 5 p.m. Housing Opportunities Commission
• Monday, Mar 14, 7 p.m. Plan Commission
• Wednesday, Mar 16, 7:30 a.m. Redevelopment Authority
• Wednesday, Mar 16, 3:30 p.m. Sustainability Advisory Committee
City of Augusta
City website
Village of Fall Creek
Village Board
Town of Washington
Town website
Altoona School District
Altoona School Board
• Monday, Mar 28, 6:30 p.m.
Eau Claire Area School District
Board of Education
• Monday, Mar 7, 7 p.m.
Augusta School District
Augusta School Board
Fall Creek School District
School Board
Chippewa Valley Technical College
District Board
Eau Claire County Full calendar
Click here to find your County Board Representative (interactive map)
• Monday, Feb 28, 3 p.m. ARPA Committee Meeting
• Monday, Feb 28, 5 p.m. Human Services Board
• Tuesday, Mar 1, 7 p.m. County Board of Supervisors
• Wednesday, Mar 2, 2 p.m. Highway Building Committee
• Monday Mar 14, 3 p.m. ADRC Board
• Friday, Mar 18 7:30 a.m. Chippewa Valley Regional Airport Commission
Thanks for reading this issue of Business Advocate. If you have comments or questions, contact Scott Rogers, Vice President Governmental Affairs, at 715-858-0616 or rogers@eauclairechamber.org