Government Contracts Inflation Update
Procurement Notes
MARCH 16, 2023
For example, from 2013 to 2018, “[y]ear-over-year [wage] growth has mostly ranged between 2% and 3%[.]” [27] Thus, we are presently in a time of accelerating wages. Louis, stlouisfed.org (July 1, 2013), available at [link]. [44] Benefits Increase Over the Preceding 12 Mos. 2022 +5.1% +5.1% +4.8% 2022 +5.2% +5.2% +5.0% 40] See id. [41]
40 
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