Employers seem to be ignoring concerns about high interest rates, continuing inflation, recession, foreign wars, and domestic political uncertainty, and instead they just keep hiring.
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Will the future be easier or harder for small businesses? There are several parts to the answer.
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Homeownership has traditionally served two purposes for households. One is to provide shelter, and the second is to create wealth. In recent years both purposes have been impeded by the high cost of purchasing homes.
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The NCSU INDEX OF NORTH CAROLINA LEADING ECONOMIC INDICATORS (the “Index”) began 2024 with a slight dip. The Index dropped 1%, led by a 25% rise in initial jobless claims and a 13% fall in building permits. The national index was off 0.4%, manufacturing hours were unchanged and manufacturing...
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The last four years have shown the Fed flexing its muscles over the economy.
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Housing costs accounted for more than half the increase in prices from November to December.
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Labor productivity – what the average worker can accomplish per hour – has been declining at a record pace. What could be causing this? Or, like so many aspects of today’s world, has this trend been a result of the pandemic? You decide.
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The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system. And more hikes are likely to come, says N.C. State economist Dr. Mike Walden.
Read MoreUnless there is a late arriving notice, 2022 ended up as the best year for North Carolina workers since at least 1997, despite recent headlines about recession, layoffs, and job cuts.
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