The Billion Prices Project

Need a real time tool to track inflation? MIT recently launched its Billion Prices Project. This is online pricing research with data on 5 million items sold by 300 online retailers in 70 countries. Thus far it appears to be tracking the CPI closely with the advantage of daily updates rather than the monthly updates provided by the government.  You can read more here in a recent Washington Post article.

Minimum Resale Pricing – States Fight Back

Here is an update on the legal status of Minimum Resale Price policies. Some states are fighting the policies making it difficult for a manufacturer to utlize a consistent national approach. Think you can guess which states are leading the fight against minimum resale pricing?