March will be a crucial month for predicting how durable goods orders will fair into the summer. Economists expect an estimated 2.5% increase in March […]
Uncategorized
Housing inflation in Charlotte among the highest in the nation
Maya Ward never thought she’d have to consider a fixer-upper home with a $400,000 budget in Charlotte. But in spring 2023, she and her fiance found […]
March jobs report expected to reflect labor market’s resilience, even if employment cools
Friday’s job report is expected to show slower employment growth for March, but will likely still reflect the resilient labor market reported at the beginning […]
High interest rates continue to play a major role on hesitant business orders
New durable goods orders report provides optimism but the slight increase may be skewed. “Even with this increase, if you look at the shipments of […]
U.S. home prices rose again in January as inventory remains historically low
U.S. home prices ticked up again in January despite sustained high borrowing costs as the market deals with a historically low number of homes for […]
Inflated Car Repair Costs Leave Drivers Stranded
Single mothers make up a majority of the repair requests that come into Fix It Forward Auto Care. The nonprofit, started in 2015, provides free […]
The Environmental Cost of Subscription Boxes
More Americans are turning to subscriptions to serve a variety of needs, from clothing to meals to cat litter. Subscription e-commerce sales totaled nearly $33.5 billion in 2022, a 15% increase over the previous year, according to Insider Intelligence, which predicted it would keep growing at a similar rate for the next two years. But subscription services, with the exception of meal kits, can have an environmental dark side: overconsumption and excessive returns.
Durable goods orders stifled as a result of aircraft sales decline
Growing issues with safety concerns deterred aircraft orders tremendously in January. The decline in durable goods orders can be attributed in part to this, said […]
Americans’ Personal Income Rose Significantly in January
Americans’ income rose sharply in January, driven by social security and dividend payments, in the latest sign that American households remain financially healthy. The value […]
U.S. home prices continue to rise amid affordability crisis
Home prices rose to a record high in December, showing sustained demand even as higher interest rates make buying a home more expensive. At the […]