Case Shiller Price Index (December)

For more information on what the Case Shiller Price Index is and why it may be an important measure, check out this old post.

The Case-Shiller Price Index (an adjustment to CPI) turned severely negative year over year, down 5% from December 2007 as home prices, a global slowdown, and the reversal in energy prices severely impacted price levels.

While, here is a graph of the difference...

Source: BLS / S&P