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Denver, CO

America’s inflation hotspots revealed: The cities that are seeing prices rise the fastest – as overall rate ticks up to 3.2%

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America’s inflation hotspots revealed: The cities that are seeing prices rise the fastest – as overall rate ticks up to 3.2%


Denver, Colorado, is suffering under the fastest-growing inflation rate of any US city, new research reveals.

The rate of annual inflation ticked up by 3.2 percent last month – rising marginally from June’s 3 percent rate – the Bureau of Labor Statistics said Thursday.

But certain cities have fared much worse than others. A study by personal finance website WalletHub ranked the top five US cities with the biggest inflation problem.

Denver’s rate of annual inflation is currently sitting at 4.7 percent – over a percentage point more than the national rate.

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More concerningly, it has seen the sharpest uptick in inflation in the last two months, shooting up by 1.3 percent.

WalletHub analyzed how consumer costs impact people in different cities. It compared 23 major Metropolitan Statistical Areas

It was tied with St Louis which similarly saw its rate of inflation increase by 1.3 percent in the last two months. However St Louis has a lower annual rate of inflation, at 3.10 percent. 

Researchers also placed Atlanta, Detroit and Seattle in the top five cities with the worst inflation problems.

By comparison, Anchorage, Alaska, was identified as having the ‘smallest’ inflation problem. The city has a negative inflation rate of -3.3 percent, a rate that had changed minimally in the last two months.

Washington, Boston, Chicago, and Minneapolis were also identified by researchers as having the ‘smallest’ inflation problems. These cities all had an annual inflation rate lower than 3 percent.

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WalletHub analyzed how consumer costs impact people in different cities. It compared 23 major Metropolitan Statistical Areas.

Disparities in inflation between different states is often due to their individual property markets. 

In Denver, for example, experts said its high housing costs were keeping inflation red-hot. 

Brian Lewandowski, from Leeds Business Research, recently told CBS Colorado: ‘The housing component of DPI represents 44% of the overall basket and for the Denver-Aurora-Lakewood region, it went up 8.8% year over year versus 6.2% for the nation and 7.1% for the mountain region. 

‘That does show that we have higher price inflation on housing than the nation overall.’ 

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It comes after Florida was identified as the state with the highest inflation rate in a report by the Bureau of Labor Statistics last month.

At the time, analysts blamed the red-hot rate on Florida’s housing costs. 

Inflation in the US has ticked up to a 3.2 percent annual rate - rising slightly in July from June's 3 percent annual increase

Inflation in the US has ticked up to a 3.2 percent annual rate – rising slightly in July from June’s 3 percent annual increase

The price of used cars and airline tickets fell, while shelter and vehicle insurance rose in cost

The price of used cars and airline tickets fell, while shelter and vehicle insurance rose in cost

Amanda Phalin, an economist at the University of Florida, said: ‘A lot of people are still coming to Florida because the economy is really strong, and many like the fact that we don’t have an income tax like in New York, for example.

 ‘And in places like Miami, we’re seeing a lot of real estate demand from non-Floridians or non-American investors — generally wealthy folks who want to have a nice home here.’

But the latest data suggests prices might finally be easing in the Sunshine State. 

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Tampa and Miami have both experiences the smallest change in prices in the last two months – despite their annual rates being 5.9 percent and 6.9 percent respectively.

In July, the rate of annual inflation nationally ticked upwards to 3.2 percent.

It marked the first time in 13 months that the Consumer Price Index has accelerated.

Prices rose 0.2 percent month-on-month to July, driven mainly by shelter costs, which include rent. This accounted for 90 percent of the monthly increase, according to the Bureau of Labor Statistics. 

However this modest monthly rise is the same rate as in June, which could possibly deter the Federal Reserve from raising interest rates again in September.

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The monthly increase was also in line with projections, while the annual rate was slightly below the 3.3 percent forecast.



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Denver, CO

Denver Salvation Army needs more bell ringers to support the community

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Denver Salvation Army needs more bell ringers to support the community


The Salvation Army provides shelter, meals, and support for families in need in our community every day, but they need help to raise those donations.

They have put out a call for paid and volunteer bell ringers to collect donations vital to support their programs and services.

All of the donations raised go to serve the Denver community. Funds go to serve families struggling to feed their children or provide gifts during the holidays as well as disaster services and much more for the residents of the Denver metro area.

Bell ringers get to pick their hours and location, and friends and families are encouraged to volunteer together and give back to the community.

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Those interested in volunteering can sign up online at www.registertoring.com. To find a paid bell ringer position, applicants can visit the Salvation Corps nearest to their neighborhood.

A listing of all Denver area Corps locations is available at visiting.denver.salvationarmy.org. Applicants must be 18 or over to have a paid bell ringing position.



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Denver, CO

Colorado weather: White Christmas hopes dwindling in Denver

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Colorado weather: White Christmas hopes dwindling in Denver


Denver residents wishing for a snowy Christmas this year could be disappointed, as forecasters say the metro area can look forward to a mild weekend followed by a cool, sunny week.

Temperatures are expected to reach highs in the low 60s this weekend, with clouds encroaching Sunday and overnight lows in the mid 30s, according to the National Weather Service.

Highs of 54 and 53 are forecast Monday and Tuesday, falling to 49 on Christmas, with some clouds.

A slight chance of rain and snow showers before 11 p.m. remains Wednesday night, with more showers possible Thursday and Friday in the metro area.

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Light snow will likely fall in the mountains Monday, Wednesday and Friday, the NWS reports.



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Avalanche goalie Scott Wedgewood shines early, Colorado stars help fend off Ducks

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Avalanche goalie Scott Wedgewood shines early, Colorado stars help fend off Ducks


ANAHEIM, Calif. — The Colorado Avalanche looked tired after one period Friday night, but one of their new goaltenders kept them afloat until the rest of the club found enough energy to grind out a win.

That script has been a familiar one during the toughest stretch of schedule the Avs have faced, and these points might prove to be incredibly valuable. Scott Wedgewood made 29 saves, the Avalanche rebounded to fend off the Anaheim Ducks, 4-2, at Honda Center.

“After the first 20 (minutes), we weren’t happy with anything,” Wedgewood said. “A couple guys voiced their opinions on what could be done better and we turned the tide. You can’t accept the first period at this level.

“You put this jersey on and you expect to win every night, right? You have this squad, this team and ever since I got here, I put the jersey on and I expect two points. We expect two points. It’s the standard you have to hold ourselves to.”

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Nathan MacKinnon had a goal and two assists, while Cale Makar, Mikko Rantanen and Valeri Nichushkin had two points each. Wedgewood, along with Mackenzie Blackwood, has repeatedly provided a level of consistent goaltending the club had been lacking.

The overall play for the Avs is not near its peak, and a season full of injuries combined with a stretch of 13 road games in the past 17 contests has likely played a part in that. But they have now won six of eight, and are a season-high five games better than .500 (20-15-0).

“You chip it in different ways,” Avs coach Jared Bednar said. “We get a power-play goal, a 5-on-5 goal, a shorthanded goal, then the guys did a nice job with the empty net. I thought the penalty kill was great.

“But probably the difference in this game because of what we gave up — which was too much — was Wedgewood. I thought he was outstanding.”

This game may have turned on a bad-luck play … for the Avs. Anaheim defenseman Olen Zellweger clipped MacKinnon in the face with his stick and was sent to the penalty box for high sticking. The officials conferred and decided to wipe away the infraction. It looked from multiple replay angles that MacKinnon was hit by the puck after Keaton Middleton tried to clear it out of danger, but a zoomed-out angle showed that Zellweger clearly got the reigning MVP ahead of the puck.

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So, with the Avs down a goal and trying to kill off a penalty, the hockey gods evened out the fortune. Zellweger stumbled near the top of the Anaheim offensive zone, which allowed Logan O’Connor to spring Parker Kelly for a breakaway and a shorthanded goal at 6:40 of the second. It was Kelly’s third goal of the season and Colorado’s second of the year while shorthanded.

Nichushkin put the Avalanche in front midway through the second. Anaheim goalie John Gibson didn’t handle a Makar shot cleanly, and Nichushkin was waiting at the doorstep for one of the easiest goals he’s going to score. It was his 10th of the season in just 18 games played.

Colorado’s power play came to California mired in a 5-for-48 slump, but the Avs scored twice with the extra man Thursday night in San Jose and struck again for an insurance goal early in the third against Anaheim. MacKinnon started the play with a rare dump-in from the neutral zone. Rantanen kept the Ducks’ clearing attempt in the offensive zone, and then MacKinnon found Makar with a cross-ice pass for the defenseman’s 10th goal of the year at 3:30 of the third.

MacKinnon added an empty-net goal, and pushed his NHL-leading point total to 55 in 35 games.

The Avalanche survived the first period, but only because Wedgewood was stellar. Colorado looked like a team playing on the road for the 13th time in 17 games, and like a club playing for the second straight night against a rested team. Anaheim had nearly 80% of the expected goals and seven of the eight high-danger chances in the opening 20 minutes, per Natural Stat Trick.

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Beyond Kelly’s goal, the Avs’ penalty kill has also surged since completing the double goaltending switch. Colorado killed off five Anaheim power plays in this one, including one in the final four minutes. The Avs are now 20 for 21 on the kill since swapping Alexandar Georgiev for Blackwood.

“When we made the goalie switches, you see where our penalty kill is going,” Bednar said. “The analytics have been good all year. I’m not putting it on our past goaltending, because that’s not fair, either, but goalies have their strengths and weaknesses and it seems like we’ve got a couple guys here now that are really in tune with our penalty kill.

“We’re getting the saves we need. We’re getting the whistles we need. They’ve just been really sharp.”

Want more Avalanche news? Sign up for the Avalanche Insider to get all our NHL analysis.

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