When Alina McKnight’s middle daughter was experiencing a lack of motivation and mental health issues during the pandemic, her mother spent a little extra money […]
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Could February’s durable goods order decline be a fluke?
Durable goods orders decreased in February following four consecutive months of increases, which is likely due to the lingering effects of the omicron variant, but […]
February Retail Sales Modestly Rise as Inflation Ensnares Consumers
Retail sales rose modestly last month as Americans continued to worry about inflation and rising food and gas costs. February retail sales were up 0.3 […]
Plan to rent a car soon? It’s best to start your search early
An unexpected cross-country trip wasn’t something Jenavy Castro-Hernandez thought she and seven other family members would be doing, but when her uncle’s job sent him […]
Inflation rises to a 40-year high as gas prices surge
U.S. inflation worsened in February, rising to a 40-year high, and it could accelerate as geopolitical conflict in Eastern Europe threatens to disrupt the global […]
Inflation Hits 40-Year High: Energy, Food, Housing Costs Drive 7.9% CPI Increase
Inflation hit historic highs last month as lingering supply chain issues and global tensions over Russia’s war with Ukraine dashed policymakers’ hopes that consumer prices […]
U.S. Trade Deficit Swells To New Record
The U.S. trade deficit swelled to a record high at the start of 2022, the latest sign that American demand for foreign-made goods has continued […]
Spending Jump in January Signals Economic Optimism, Tempered by Inflation
Americans went on a spending spree in January despite a wave of Coronavirus cases, indicating strong economic recovery as the pandemic recedes. Spending on goods […]
Durable goods orders continue to rise despite lack of supply
Durable goods orders increased in January showing the economy’s resilience, despite global supply chain snafus and the third year of the COVID-19 pandemic approaching. New […]
Low inventory pushes home price increases to 34 year high in 2021
Low inventory and high demand fueled historic gains for the real estate market in 2021. Nationwide home prices increased 18.8% from December 2020 to December […]