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 […]
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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 […]
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 […]
Independent Builders are Feeling the Crunch of High Lumber Prices and Scarcity of Supplies
by Juliet Jeske 6/6/21 Don Stockell, a custom home builder in Eureka, Missouri gets a lot of phone calls from potential new clients these days. […]
Five Things to Look for in the May ISM Report
by Juliet Jeske May 31, 2021 The Institute for Supply Management’s Report on Business releases details on the U.S. manufacturing sector on Tuesday. Economists predict the […]
RARE EARTH SUPPLY CHAIN MAY MAKE A COMEBACK IN THE U.S.
A year and a half ago, a consultant approached executives at Energy Fuels, a uranium producer in southeast Utah, with an intriguing possibility. Energy Fuels could use its uranium technology and permits to enter the business of rare earths––a crucial component in nearly every electronic device manufactured today.
Reluctance to raise wages in restaurants leaves uncertainty for future growth
Adam Orman hoped that a raise in wages would convince restaurant workers to come back. Instead, he says, he’s seeing hiring numbers that are far […]
As Consumers Remain Conflicted on In-Person Work, Spending on Furniture Expected to Grow
Alan Desk Business Interior was about to open its second location when the coronavirus pandemic hit last March. But unlike other businesses that saw their […]