How is Inflation Affecting Your Clients?
May 5th, 2008 Bill Winterberg
I encountered a unique resource on the New York Times website over the weekend. They created a graphical representation of the most recent CPI data provided by the Bureau of Labor and Statistics. The graphic provides a simple interface to determine which categories exhibit high inflation versus those where prices are deflating.
Follow the link to the New York Times inflation graphic. Hover your mouse pointer over any of the sections of the chart to see detailed information about that category.
It’s fairly clear to see which categories are placing pressure on clients’ cash flow: gasoline, oil (heating and automotive), and basic food staples. Whether or not advisers place much faith in the BLS data is one thing, but the graphic is a great concrete way to illustrate how inflation affects clients’ cash flow.
My firm is seeking to hire a new employee, so I have assisted in sending out notices through my various networks to find qualified candidates. One individual recommended that I use the services of the 
