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Clark Biweekly 3 7 24
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Later in this email, find out how far TV prices have fallen since 2000.
💵 Today’s Top Stories
📺️ Price of TVs, College Going Opposite Directions Since 2000
Clark geeked out about big-screen TV sales around the Super Bowl in February, which we reported here in the newsletter.
As it turns out, there’s a strong historical basis for Clark’s excitement.
Chartr, a data storytelling newsletter company, recently reviewed the Bureau of Labor Statistics’ data on components of the Consumer Price Index (CPI).
The federal government uses CPI as a proxy for our nation’s inflation rate.
Here are percentage changes from some of those elements since 2000. Note that TV prices have fallen nearly 100% since the start of the 21st century(!). But good luck if you’re going to pay for a child’s college.
College tuition and fees: +185%
Medical care: +133%
Housing: +97%
New vehicles: +25%
Phone services: -6%
Computer software: -74%
TVs: -98%
📊 Stat of the Day
🐶 $53.2 billion: The amount of money that Americans spent on pet food in 2023. Dog food ($36.7 billion) makes up nearly 70% of that total.
💰️ Deal Alert: Today’s Top Deals
🎙️ Podcast
Great news: Younger generations are investing more and more. Clark is excited to see investing become so approachable. It’s a great way to build wealth! Also, Target just introduced a new, affordable brand. The bargains just keep getting better!
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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