{ "data_version": "1", "schema": "https://whatledto.com/data", "id": "bureau-of-labor-statistics", "name": "Bureau of Labor Statistics", "kind": "regulator", "url": "https://whatledto.com/who/bureau-of-labor-statistics", "description": "Publishes the CPI and the monthly jobs report.", "same_as": [ "https://en.wikipedia.org/wiki/Bureau_of_Labor_Statistics", "https://www.bls.gov/" ], "timelines": [ { "slug": "mortgage-rates-2025-2026", "title": "Mortgage Rates: One Week Below 6 Percent, Then Back Above 7", "url": "https://whatledto.com/events/mortgage-rates-2025-2026", "json": "https://whatledto.com/events/mortgage-rates-2025-2026.json", "role": "Publishes CPI and producer-price data that shaped expectations for persistent inflation and long-term rates.", "entries": 2, "updated_at": "2026-10-21T11:43:22.659430+00:00" }, { "slug": "fed-rate-path-2025-2026", "title": "The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings", "url": "https://whatledto.com/events/fed-rate-path-2025-2026", "json": "https://whatledto.com/events/fed-rate-path-2025-2026.json", "role": "Publishes employment, CPI, PPI and job-openings data that have repeatedly moved rate expectations.", "entries": 9, "updated_at": "2026-10-16T02:10:22.232634+00:00" }, { "slug": "us-beef-prices", "title": "Record Beef Prices: The Smallest Herd Since 1951, the Packer Probe and the Import Fix", "url": "https://whatledto.com/events/us-beef-prices", "json": "https://whatledto.com/events/us-beef-prices.json", "role": "Publishes the CPI and retail food-price series that track consumer beef-price changes.", "entries": 3, "updated_at": "2026-10-14T14:54:56.735135+00:00" }, { "slug": "social-security-2027-cola", "title": "Social Security's Next Raise: From the 2.5% COLA to the 2027 Announcement", "url": "https://whatledto.com/events/social-security-2027-cola", "json": "https://whatledto.com/events/social-security-2027-cola.json", "role": "Publishes CPI-W data used in the statutory calculation of Social Security COLAs.", "entries": 5, "updated_at": "2026-10-14T14:48:41.575777+00:00" } ], "entries": [ { "timeline": "strait-of-hormuz-oil-flows", "id": 2189, "url": "https://whatledto.com/events/strait-of-hormuz-oil-flows#n2189", "date": "2026-10-15", "date_precision": "day", "title": "Crude petroleum prices to US producers jump 28.3 percent in a month", "summary": "In the September producer price report the index for crude petroleum jumped 28.3 percent, leading the rise in unprocessed goods for intermediate demand. Further down the chain diesel fuel rose 21.0 percent and gasoline 20.3 percent. The IEA had flows through the strait recovering to 10.9 million barrels a day the day before; this is what the months of disruption behind that recovery cost at the first stage of US production, before any of it reaches a pump.", "type": "other", "entities": [ "U.S. Bureau of Labor Statistics" ], "parties": [ "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.bls.gov/news.release/ppi.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-15", "quote": "Leading the September increase in prices for unprocessed goods for intermediate demand, the index for crude petroleum jumped 28.3 percent." } ] }, { "timeline": "mortgage-rates-2025-2026", "id": 2188, "url": "https://whatledto.com/events/mortgage-rates-2025-2026#n2188", "date": "2026-10-15", "date_precision": "day", "title": "Core producer prices run at 5 percent a year, the number that keeps the long end from pricing cuts", "summary": "Stripping out foods, energy and trade services, producer prices still rose 0.5 percent in September after 0.3 percent in August, and 5.0 percent over twelve months. Headline final demand rose 1.3 percent on the month and 6.3 percent on the year. The core reading is the one that matters for mortgages: it is the part of the rise that cannot be blamed on the Gulf, and the thirty-year rate sits on a long yield that prices persistent inflation rather than a single oil shock.", "type": "other", "entities": [ "U.S. Bureau of Labor Statistics" ], "parties": [ "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.bls.gov/news.release/ppi.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-15", "quote": "Prices for final demand less foods, energy, and trade services moved up 0.5 percent in September after increasing 0.3 percent in August. For the 12 months ended in September, the index for final demand less foods, energy, and trade services rose 5.0 percent." } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 2187, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n2187", "date": "2026-10-15", "date_precision": "day", "title": "Producer prices jump 1.3 percent, the hottest since March 2022, and goods set a series record", "summary": "Final demand producer prices rose 1.3 percent in September against 0.5 percent in August, the largest monthly advance since March 2022, and 6.3 percent over twelve months, the largest since December 2022. Goods rose 2.6 percent, the largest increase since the series began in December 2009, with final demand energy up 10.8 percent accounting for over 80 percent of it and gasoline alone, up 20.3 percent, for half. Core final demand — less foods, energy and trade services — rose 0.5 percent on the month and 5.0 percent on the year. Set against the CPI released the day before, where consumer gasoline rose 9.1 percent, the gap has a name in this release: margins for automotive fuels and lubricants retailing fell 30.3 percent, so the forecourt took a large part of the wholesale rise rather than passing it on.", "type": "other", "entities": [ "U.S. Bureau of Labor Statistics" ], "parties": [ "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.bls.gov/news.release/ppi.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-15", "quote": "The September increase is the largest advance since rising 1.7 percent in March 2022. On an unadjusted basis, the index for final demand climbed 6.3 percent for the 12 months ended in September, the largest 12-month increase since moving up 6.4 percent in December 2022." } ] }, { "timeline": "us-beef-prices", "id": 2164, "url": "https://whatledto.com/events/us-beef-prices#n2164", "date": "2026-10-14", "date_precision": "day", "title": "U.S. beef index falls 1.0 percent in September", "summary": "The U.S. Bureau of Labor Statistics reported that the beef index fell 1.0 percent in September. The meats, poultry, fish, and eggs index decreased 0.5 percent over the month.", "type": "financial", "entities": [ "Bureau of Labor Statistics", "Consumer Price Index", "beef and veal" ], "parties": [ "bureau-of-labor-statistics", "consumer-price-index", "beef-and-veal" ], "sources": [ { "url": "https://www.bls.gov/news.release/archives/cpi_10142026.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-14", "quote": "The meats, poultry, fish, and eggs index decreased 0.5 percent over \nthe month, as the beef index fell 1.0 percent." } ] }, { "timeline": "social-security-2027-cola", "id": 2153, "url": "https://whatledto.com/events/social-security-2027-cola#n2153", "date": "2026-10-14", "date_precision": "day", "title": "BLS reports September CPI-W index of 330.654", "summary": "The U.S. Bureau of Labor Statistics reported that the CPI-W rose 3.9 percent over the preceding 12 months. The September CPI-W index was 330.654 on a 1982–84=100 basis.", "type": "other", "entities": [ "Bureau of Labor Statistics", "Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)" ], "parties": [ "bureau-of-labor-statistics", "consumer-price-index-for-urban-wage-earners-and-clerical-workers-cpi-w" ], "sources": [ { "url": "https://www.bls.gov/news.release/archives/cpi_10142026.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-14", "quote": "The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 3.9 percent over the last 12 months \nto an index level of 330.654 (1982-84=100)." } ] }, { "timeline": "us-beef-prices", "id": 2150, "url": "https://whatledto.com/events/us-beef-prices#n2150", "date": "2026-10-14", "date_precision": "day", "title": "Food is flat on the month and groceries fall slightly, while everything around them rises", "summary": "In the September CPI the food index was unchanged on the month, with food away from home up 0.2 percent and food at home down 0.1 percent; food rose 2.5 percent over the year. Against headline inflation at 3.7 percent and energy at 20.4 percent, groceries were the quiet part of this print — which is not what the record cattle prices on this page would lead you to expect.", "type": "report", "entities": [ "Bureau of Labor Statistics" ], "parties": [ "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.bls.gov/news.release/cpi.nr0.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-14", "quote": "The index for food was unchanged in September, as the index for food away from home increased 0.2 percent and the index for food at home fell 0.1 percent." } ] }, { "timeline": "mortgage-rates-2025-2026", "id": 2149, "url": "https://whatledto.com/events/mortgage-rates-2025-2026#n2149", "date": "2026-10-14", "date_precision": "day", "title": "Headline inflation reaccelerates to 3.7 percent, the number long rates key off", "summary": "September CPI came in at 0.6 percent on the month and 3.7 percent on the year, up from 3.4 percent through August, with core at 2.6 percent. A twelve-month rate moving away from target rather than toward it is the condition under which the long end stops pricing cuts, and mortgage rates sit on the long end.", "type": "report", "entities": [ "Bureau of Labor Statistics" ], "parties": [ "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.bls.gov/news.release/cpi.nr0.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-14", "quote": "The all items index rose 3.7 percent for the 12 months ending September, a larger increase than the 3.4-percent increase reported for the 12 months ending in August." } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 2147, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n2147", "date": "2026-10-14", "date_precision": "day", "title": "September CPI accelerates to 3.7 percent, and gasoline is over half of the monthly rise", "summary": "The CPI-U rose 0.6 percent in September against 0.4 percent in August, and 3.7 percent over twelve months against 3.4 percent through August. Core inflation, all items less food and energy, rose 0.3 percent on the month and 2.6 percent on the year. The gasoline index rose 9.1 percent in September and accounted for over half of the monthly all-items increase, with energy up 20.4 percent over the year — the Gulf disruption arriving in the headline number the Fed has to answer for.", "type": "report", "entities": [ "Bureau of Labor Statistics" ], "parties": [ "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.bls.gov/news.release/cpi.nr0.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-14", "quote": "The index for gasoline rose 9.1 percent in September, accounting for over half of the monthly all items increase." } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 1788, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n1788", "date": "2026-10-02", "date_precision": "day", "title": "September payrolls rise 29,000 and unemployment reaches 4.2 percent", "summary": "The Bureau of Labor Statistics reported that nonfarm payroll employment increased by 29,000 in September and the unemployment rate was 4.2 percent. July and August payroll estimates were revised down by a combined 60,000.", "type": "report", "entities": [ "Bureau of Labor Statistics", "U.S. Department of Labor" ], "parties": [ "bureau-of-labor-statistics", "us-department-of-labor" ], "sources": [ { "url": "https://www.bls.gov/news.release/archives/empsit_10022026.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-10-02", "quote": "“Both nonfarm payroll employment (+29,000) and the unemployment rate (4.2 percent) changed little in September, the U.S. Bureau of Labor Statistics reported today.”" }, { "url": "https://www.axios.com/2026/10/02/september-jobs-federal-reserve-trump", "outlet": "Axios", "published": "2026-10-02", "quote": "“The economy added only 29,000 jobs in September, while the unemployment rate ticked up to 4.2% from 4.1%, the Labor Department said on Friday.”" } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 1585, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n1585", "date": "2026-09-29", "date_precision": "day", "title": "August job openings decline to 7.079 million", "summary": "The U.S. Bureau of Labor Statistics reported 7.079 million job openings in August, down 256,000 from July. Hires and total separations changed little during the month.", "type": "report", "entities": [ "Bureau of Labor Statistics", "Job Openings and Labor Turnover Survey" ], "parties": [ "bureau-of-labor-statistics", "job-openings-and-labor-turnover-survey" ], "sources": [ { "url": "https://www.bls.gov/news.release/jolts.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-09-29", "quote": "“The number of job openings was little changed at 7.1 million in August, the U.S. Bureau of Labor Statistics reported today.”" }, { "url": "https://d2233.cms.socastsrm.com/2026/09/29/equities-dip-as-bond-yields-hold-near-multi-decade-highs/", "outlet": "Reuters", "published": "2026-09-29", "quote": "“The Labor Department said in its Job Openings and Labor Turnover Survey, or JOLTS report, that job openings, a measure of labor demand, had dropped by 256,000 to 7.079 million in August, below the 7.225 million estimate of economists polled by Reuters.”" } ] }, { "timeline": "social-security-2027-cola", "id": 974, "url": "https://whatledto.com/events/social-security-2027-cola#n974", "date": "2026-09-11", "date_precision": "day", "title": "BLS reports an August CPI-W index of 328.481", "summary": "The Consumer Price Index for Urban Wage Earners and Clerical Workers increased 3.5 percent over the 12 months to August, to an index level of 328.481 (1982-84=100). The Military Officers Association of America put the August reading 3.5 percent above the 317.265 COLA baseline.", "type": "report", "entities": [ "Bureau of Labor Statistics", "Military Officers Association of America" ], "parties": [ "bureau-of-labor-statistics", "military-officers-association-of-america" ], "sources": [ { "url": "https://www.bls.gov/news.release/archives/cpi_09112026.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-09-11", "quote": "The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 3.5 percent over the last 12 months to an index level of 328.481 (1982-84=100)." }, { "url": "https://www.moaa.org/colawatch/", "outlet": "Military Officers Association of America", "published": "2026-09-11", "quote": "The August 2026 Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), released Sept. 11, was 328.481, 3.5% above the COLA baseline of 317.265." } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 972, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n972", "date": "2026-09-11", "date_precision": "day", "title": "BLS reports consumer prices rose 0.4 percent in August", "summary": "The Consumer Price Index for All Urban Consumers rose 0.4 percent in August on a seasonally adjusted basis after rising 0.1 percent in July, and 3.4 percent over the 12 months before seasonal adjustment. The index for all items less food and energy rose 0.3 percent, after increasing 0.2 percent in July.", "type": "report", "entities": [ "Bureau of Labor Statistics", "Consumer Price Index" ], "parties": [ "bureau-of-labor-statistics", "consumer-price-index" ], "sources": [ { "url": "https://www.dol.gov/newsroom/economicdata/cpi_09112026.pdf", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-09-11", "quote": "The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in August after rising 0.1 percent in July, the U.S. Bureau of Labor Statistics reported today." }, { "url": "https://www.axios.com/2026/09/11/the-feds-big-inflation-test", "outlet": "Axios", "published": "2026-09-11", "quote": "Core prices rose 0.3% in August, after increasing 0.2% the previous month." } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 968, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n968", "date": "2026-09-10", "date_precision": "day", "title": "BLS reports producer prices rose 0.4 percent in August", "summary": "The Producer Price Index for final demand moved up 0.4 percent in August on a seasonally adjusted basis. Final demand prices rose 0.1 percent in July and fell 0.1 percent in June, and the index was up 5.4 percent over the 12 months ended in August.", "type": "report", "entities": [ "Bureau of Labor Statistics", "Producer Price Index" ], "parties": [ "bureau-of-labor-statistics", "producer-price-index" ], "sources": [ { "url": "https://www.bls.gov/news.release/archives/ppi_09102026.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-09-10", "quote": "The Producer Price Index for final demand moved up 0.4 percent in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today." } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 430, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n430", "date": "2026-09-04", "date_precision": "day", "title": "August payrolls jump 162,000; traders put 60 percent odds on a hike at the September 15 to 16 meeting", "summary": "Nonfarm payrolls rose 162,000 against a 53,000 consensus, the strongest month since March, with unemployment steady at 4.1 percent; bars and restaurants led and information jobs fell, possibly on AI investment. Short-dated Treasury yields rose and CME FedWatch showed about 60 percent odds of a quarter-point increase at the first meeting with new projections under Warsh, pending the August CPI and PPI reports the following week.", "type": "report", "entities": [ "Bureau of Labor Statistics", "Federal Open Market Committee", "Kevin Warsh" ], "parties": [ "bureau-of-labor-statistics", "federal-open-market-committee", "kevin-warsh" ], "sources": [ { "url": "https://www.cnbc.com/2026/09/04/jobs-report-august-2026.html", "outlet": "CNBC", "published": "2026-09-04", "quote": "Traders were still pricing in about 60% odds of a quarter percentage point increase at the central bank's policy meeting Sept. 15-16, according to the CME Group's FedWatch tool." } ] }, { "timeline": "social-security-2027-cola", "id": 385, "url": "https://whatledto.com/events/social-security-2027-cola#n385", "date": "2026-09-02", "date_precision": "day", "title": "Two data points to go: August CPI-W due September 11, the official 2027 COLA on October 14", "summary": "With July's 3.4 percent CPI-W the only third-quarter reading in hand, forecasts ranged from 3.4 to 3.6 percent. The August index was scheduled for September 11 and the September index, which completes the average, for October 14, the day the agency planned to announce the 2027 adjustment, a return to the normal mid-October timing after the 2025 shutdown delay. The new COLA takes effect with January 2027 payments.", "type": "announcement", "entities": [ "Social Security Administration", "Bureau of Labor Statistics" ], "parties": [ "social-security-administration", "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.fool.com/retirement/2026/09/02/social-securitys-2027-cola-what-we-know-so-far-and/", "outlet": "The Motley Fool", "published": "2026-09-02", "quote": "Since August and September CPI-W readings are needed to calculate next year's COLA, most of the puzzle is still missing. Even though the month of August is now behind us, it takes time for the Bureau of Labor Statistics to compile inflation data. August's CPI-W is expected to come out on Sept. 11." } ] }, { "timeline": "social-security-2027-cola", "id": 383, "url": "https://whatledto.com/events/social-security-2027-cola#n383", "date": "2026-08-12", "date_precision": "day", "title": "July CPI-W at 3.4%: the Senior Citizens League trims its 2027 COLA forecast to 3.6%", "summary": "With the first of the three months that set the COLA in hand, the Senior Citizens League lowered its projection from 3.8 to 3.6 percent, still the largest raise since 2023, worth about $70 a month on the average benefit; independent analyst Mary Johnson cut hers to 3.4 percent from 4.7 percent in June and AARP said 3.5 percent. Inflation had swung from 2.2 percent in January to 4.4 percent in May before easing, with oil prices about 24 percent above a year earlier.", "type": "report", "entities": [ "Senior Citizens League", "Bureau of Labor Statistics", "Mary Johnson", "AARP" ], "parties": [ "senior-citizens-league", "bureau-of-labor-statistics", "mary-johnson", "aarp" ], "sources": [ { "url": "https://seniorsleague.org/cola-projection-falls-to-3-6-with-2-months-remaining-to-2027-announcement/", "outlet": "The Senior Citizens League", "published": "2026-08-12", "quote": "TSCL predicts that Social Security’s 2027 Cost of Living Adjustment (COLA) will be 3.6 percent, which is 0.8 percentage points higher than this year’s COLA of 2.8%." } ] }, { "timeline": "us-beef-prices", "id": 1392, "url": "https://whatledto.com/events/us-beef-prices#n1392", "date": "2026-08", "date_precision": "month", "title": "U.S. average ground-beef price rises in August", "summary": "The U.S. city-average price for all uncooked ground beef was $7.158 per pound in August 2026. The reported price was 0.6 percent higher than in July and 7.9 percent higher than in August 2025.", "type": "financial", "entities": [ "Bureau of Labor Statistics", "Ground beef" ], "parties": [ "bureau-of-labor-statistics", "ground-beef" ], "sources": [ { "url": "https://www.bls.gov/regions/mid-atlantic/data/averageretailfoodandenergyprices_usandsouth_table.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-09-11", "quote": "All uncooked ground beef, per lb. (453.6 gm) 6.631 7.116 7.158 7.9 0.6." } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 445, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n445", "date": "2026-04-10", "date_precision": "day", "title": "BLS reports CPI rose 0.9 percent in March", "summary": "The Consumer Price Index for All Urban Consumers increased 0.9 percent on a seasonally adjusted basis in March. The Bureau of Labor Statistics released the report on April 10.", "type": "report", "entities": [ "Bureau of Labor Statistics", "Consumer Price Index", "U.S. energy market" ], "parties": [ "bureau-of-labor-statistics", "consumer-price-index", "us-energy-market" ], "sources": [ { "url": "https://www.bls.gov/news.release/archives/cpi_04102026.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-04-10", "quote": "The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent on a seasonally adjusted basis in March." } ] }, { "timeline": "fed-rate-path-2025-2026", "id": 440, "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n440", "date": "2026-03-06", "date_precision": "day", "title": "BLS reports February payrolls fell 92,000", "summary": "The Bureau of Labor Statistics reported that total nonfarm payroll employment fell by 92,000 in February. The unemployment rate was 4.4 percent.", "type": "report", "entities": [ "Bureau of Labor Statistics", "U.S. labor market" ], "parties": [ "bureau-of-labor-statistics", "us-labor-market" ], "sources": [ { "url": "https://www.bls.gov/news.release/archives/empsit_03062026.htm", "outlet": "U.S. Bureau of Labor Statistics", "published": "2026-03-06", "quote": "Total nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent, the U.S. Bureau of Labor Statistics reported today." } ] }, { "timeline": "social-security-2027-cola", "id": 376, "url": "https://whatledto.com/events/social-security-2027-cola#n376", "date": "2025-10-14", "date_precision": "day", "title": "Government shutdown pushes the 2026 COLA announcement from October 15 to October 24", "summary": "Because the Bureau of Labor Statistics could not publish the September consumer price index during the shutdown, the agency confirmed that the COLA, which averages third-quarter CPI-W, would be announced on October 24 instead of October 15, and said January payments would not be delayed. Forecasters expected 2.7 to 2.8 percent.", "type": "delay", "entities": [ "Social Security Administration", "Bureau of Labor Statistics" ], "parties": [ "social-security-administration", "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.cnbc.com/2025/10/14/social-security-cola-2026-expected-update.html", "outlet": "CNBC", "published": "2025-10-14", "quote": "The Social Security cost-of-living adjustment for next year will be revealed once September consumer price index data, which was slated for release on Oct. 15, is available. Due to the federal government shutdown, the CPI release has been pushed to Oct. 24." } ] }, { "timeline": "social-security-cola-mechanism", "id": 1232, "url": "https://whatledto.com/events/social-security-cola-mechanism#n1232", "date": "1983", "date_precision": "year", "title": "COLAs move to December: the third-quarter CPI-W becomes the yardstick, announced each October", "summary": "From 1983 the adjustment has applied to benefits payable for December, paid in January. Under the formula a COLA equals the percentage increase in the average CPI-W for the third quarter of the current year over the average for the third quarter of the last year in which a COLA took effect, rounded to the nearest tenth of a percent, with no COLA if the index did not rise. That is why the September CPI-W release each October settles the number.", "type": "regulatory", "entities": [ "Social Security Administration", "Bureau of Labor Statistics" ], "parties": [ "social-security-administration", "bureau-of-labor-statistics" ], "sources": [ { "url": "https://www.ssa.gov/oact/cola/latestCOLA.html", "outlet": "Social Security Administration, Office of the Chief Actuary", "published": null, "quote": "A COLA effective for December of the current year is equal to the percentage increase (if any) in the CPI-W from the average for the third quarter of the current year to the average for the third quarter of the last year in which a COLA became effective. If there is an increase, it must be rounded to the nearest tenth of one percent." } ] } ], "often_with": [ { "id": "donald-trump", "name": "Donald Trump", "url": "https://whatledto.com/who/donald-trump", "json": "https://whatledto.com/who/donald-trump.json", "shared_timelines": 4 }, { "id": "us-government", "name": "U.S. government", "url": "https://whatledto.com/who/us-government", "json": "https://whatledto.com/who/us-government.json", "shared_timelines": 3 }, { "id": "federal-reserve", "name": "Federal Reserve", "url": "https://whatledto.com/who/federal-reserve", "json": "https://whatledto.com/who/federal-reserve.json", "shared_timelines": 3 }, { "id": "us-department-of-the-treasury", "name": "U.S. Department of the Treasury", "url": "https://whatledto.com/who/us-department-of-the-treasury", "json": "https://whatledto.com/who/us-department-of-the-treasury.json", "shared_timelines": 3 }, { "id": "us-department-of-justice", "name": "U.S. Department of Justice", "url": "https://whatledto.com/who/us-department-of-justice", "json": "https://whatledto.com/who/us-department-of-justice.json", "shared_timelines": 3 }, { "id": "freddie-mac", "name": "Freddie Mac", "url": "https://whatledto.com/who/freddie-mac", "json": "https://whatledto.com/who/freddie-mac.json", "shared_timelines": 2 }, { "id": "bill-pulte", "name": "Bill Pulte", "url": "https://whatledto.com/who/bill-pulte", "json": "https://whatledto.com/who/bill-pulte.json", "shared_timelines": 2 }, { "id": "kevin-warsh", "name": "Kevin Warsh", "url": "https://whatledto.com/who/kevin-warsh", "json": "https://whatledto.com/who/kevin-warsh.json", "shared_timelines": 2 } ], "license": { "holder": "What Led To", "terms": "https://whatledto.com/methodology#reuse", "summary": "Quote entries with attribution and a link to the entry; do not republish whole timelines or train models on the text." } }