Come Memorial Day weekend, Steve Pastusak, general manager of Jolly Roger Amusements, in Ocean City, Maryland will be thrilled as ever to have his regular flow of guests back at the company’s four amusement parks, which include boardwalk rides, a water park, and the largest go-kart facility on the east […]
Author: Patrick Elliott
5 things to watch ahead of the March personal income release
The Bureau of Economic Analysis will release the personal income report from March on Friday, which is expected to show the most promising sign of economic recovery since the onset of the COVID-19 pandemic. Impact of Stimulus Checks The consensus amongst economists anticipates a personal income growth of at least […]
North Carolina businesses moving ahead with wage increases, even as federal progress stalls
When Wegman’s, a New York based grocery chain, opens the first of two new stores in North Carolina this spring, full-time workers at the Chapel Hill location will be paid $15 an hour, and receive benefits. That is more than double the state’s minimum wage of $7.25. “It is difficult […]
Optimism strengthened despite personal income, consumer spending drop-off
Personal income and consumer spending both declined in February as a result of brutal winter weather which shutdown much of the nation during the end of the month, along with a dropoff from stimulus checks from January. The report released from the Bureau of Labor Analysis showed a personal income […]
Personal Income, Consumer Spending rise significantly with the help of federal aid
Personal income surged in January as Americans received $600 stimulus checks, leading to new optimism about the nation’s recovery from the pandemic. The monthly report issued by the Bureau of Economic Analysis for January noted a personal income increase of 10%, the second largest on record, was aided by federal […]