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Heather Long Profile
Heather Long

@byHeatherLong

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@WashingtonPost columnist and editorial writer (focused on the economy) | Proud Pennsylvanian | Email: Heather.long @washpost .com

Washington, DC
Joined February 2011
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Heather Long Retweeted
@erikbryn
Erik Brynjolfsson
a day ago
It takes courage to stand up to political interference when your job is on the line. Kudos to people like @jarmin_ron for working to keep the @uscensusbureau independent and trustworthy.
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@byHeatherLong
Heather Long
2 days ago
Why Wordle is the perfect game for the moment "Togetherness in solitude is what we’ve been after throughout this crisis — what we’re looking for in our video calls, our remote book clubs and our viral debates over movies" Great column from @mollylroberts
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@byHeatherLong
Heather Long
2 days ago
Marty is a true legend! Not only is he a great journalist who knows how to explain econ/finance plainly, he is also incredibly welcoming to young journalists just joining the Treasury & Federal Reserve press corps.
@adamslily
Lily Adams
2 days ago
A huge congrats to Marty Crutsinger who covers Treasury and retires from the AP today after nearly 50 years. h/t @KateDavidson for the rundown of Marty’s career by the numbers - been at the AP for 10 presidents and covered 5 Fed chairs.
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Heather Long Retweeted
@business
Bloomberg
3 days ago
The Supreme Court blocks the OSHA rule that would have required 80 million workers to get shots or periodic tests, but will allow a separate rule for health-care workers to go into effect
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@byHeatherLong
Heather Long
3 days ago
Colleges lost 465,000 students this fall. The continued erosion of enrollment is raising alarms More than 1 million people didn't enroll in college or dropped out in the pandemic, data show Communities colleges have the biggest declines by @DaniDougPost
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Heather Long Retweeted
@ylanmui
Ylan Q. Mui
4 days ago
Pretty damning report from the National Taxpayer Advocate on the tax filing season. Here's the breakdown of the IRS backlog, as of Dec. 2021 * 6M unprocessed individual returns as of late Dec. * 2.3M amended returns * 2M employer quarterly returns
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@byHeatherLong
Heather Long
4 days ago
Full gov't report on inflation here: (Note this is consumer inflation. Things like lumber prices are included in the producer inflation reporter here: )
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Heather Long Retweeted
@jeannasmialek
Jeanna Smialek
4 days ago
Inflation takeaways, now that the dust is settling. - CPI picked up 7%, fastest since 1982 - We could hover here for a few months before declining - Car prices = big part of the story - Restaurant dinners and rents also pricier, the broadening Fed officials worry about (1/)
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@byHeatherLong
Heather Long
4 days ago
Americans' incomes did go up in 2020 and 2021 due to stimulus payments, unemployment aid and the enhanced Child Tax Credit. But now people have to rely largely on their work paychecks. For most, pay rises are not keeping up w/inflation.
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@byHeatherLong
Heather Long
4 days ago
Pay has been rising fastest for those earning under ~$17/hour. Still, inflation is eating up most gains for "rank-and-file" workers, too. From Dec. 2020 to Dec. 2021, avg. hourly pay adjusted for inflation for non-supervisory workers was -1.9%
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@byHeatherLong
Heather Long
4 days ago
Wages are rising in America, but inflation is rising faster. From December 2020 to Dec. 2021, avg. hourly pay adjusted for inflation was -2.4% This is the key metric to pay attention to:
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@byHeatherLong
Heather Long
4 days ago
Good rundown here of why some economists and traders think inflation could cool down by mid-2022. Still...it's painful right now for Americans at the grocery store, the gas pump and trying to find cheap rent.
@lebas_janney
Guy LeBas
4 days ago
Getting to the composition: Services +0.3% lowest in 4mths, good sign for cooling OER (housing) +0.4% is same as last 4mths, still high (expect to settle +0.3% late 2022) Used cars +3.5% still driving levels higher and we know that comes out in summer 2022.
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@byHeatherLong
Heather Long
4 days ago
If you're looking for some good inflation news, there isn't much, but... Alcohol is only up 2.3% Ice cream is up just 1.6% And hot dogs are actually down -0.6%
@byHeatherLong
Heather Long
4 days ago
Inflation hit 7% in December. Here are key price hikes: Gas 49.6% Fuel oil 41 Used cars 37 Rental cars 36 Hotels 27.6 Utility gas 24 Steak 21.4 Beef 18.6 Bacon 18.6 Furniture 13.8 Tires 12.4 New cars 12 Eggs 11 Suits 11 Chicken 10 Fish 10 Ham 10 Restaurants 6.6 Rent (OER) 3.8
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@byHeatherLong
Heather Long
4 days ago
Inflation hit 7% in December. Here are key price hikes: Gas 49.6% Fuel oil 41 Used cars 37 Rental cars 36 Hotels 27.6 Utility gas 24 Steak 21.4 Beef 18.6 Bacon 18.6 Furniture 13.8 Tires 12.4 New cars 12 Eggs 11 Suits 11 Chicken 10 Fish 10 Ham 10 Restaurants 6.6 Rent (OER) 3.8
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@byHeatherLong
Heather Long
4 days ago
The BLS is reporting this is that 7% is the highest inflation since June 1982. Here's the updated chart with June highlighted
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@byHeatherLong
Heather Long
4 days ago
Inflation hit 7% (y/y) in December -- the highest level since 1982. But it's encouraging that the monthly gain slowed and energy prices (esp. gas) declined. Monthly increases: Dec 0.5% Nov 0.8% Oct 0.9% Sept 0.4% Aug 0.3% July 0.5% June 0.9%
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@byHeatherLong
Heather Long
4 days ago
BREAKING: US inflation climbed to 7% in December – the highest level since 1982. December was the 8th month that inflation (y/y) has been at 5% or higher. Shelter, used cars and food drove the high inflation. Energy (including gas) fell slightly
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