Some segments of the U.S. economy have deflated over the past year, according to the consumer price index. That means their prices have declined.hotter-than-expected
That downward pressure has tamed in recent months, though, as some supply-and-demand dynamics that were thrown out of whack by the Covid pandemic have normalized, House said.The home goods craze is over The initial pandemic-era craze for consumers to fix up their homes and upgrade their home offices has diminished, cooling prices.The U.S. dollar has also been historically strong relative to other global currencies, a dynamic that helps rein in prices for goods, economists said. This makes it less expensive for U.S. companies to import goods from overseas, since the dollar can buy more.