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Saturday, May 17, 2008

COLA Watch

Tracking the 2009 COLA
The Bureau of Labor Statistics recently announced the monthly consumer price index (CPI) for April. The April figure is a 0.7% increase from March and is also a 3.5% increase over the 2007 COLA base.

Has the COLA midway through the Fiscal Year (March) foreshadowed the year-end COLA? Take a look at the COLA breakdown the last three years:

Year March Year-End COLA
2005 1.9% 4.1%
2006 1.3% 3.3%
2007 0.8% 2.3%
2008 2.7%

Tell us what you think the year-end COLA will be.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



View historical CPI and COLA tables