UNIVERSITY PARK, Pa., Sept. 8 -- Pennsylvania State University issued the following news release:
UNIVERSITY PARK, Pa. - Tracking rent prices may help businesses and policymakers understand where inflation is headed months in advance of government inflation reports, according to researchers at Penn State's Smeal College of Business who developed the Penn State/ACY Alternative Inflation Index. The Penn State index was recently incorporated into the Bloomberg Terminal, a software system that serves financial professionals with real-time market data, news and analytics.
Introduced by Penn State professors Brent Ambrose, Ed Coulson and Jiro Yoshida, the Penn State/ACY Alternative Inflation Index tracks marginal rent - what commercial landlord...