By Juliet Jeske April 1, 2021 The manufacturing sector continued its non-stop growth in March reaching its highest level since December 1983, a sign that […]
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Energy prices surged in March while inflation fears inch forward
Consumer prices increased in March as gas prices continued to skyrocket. The Consumer Price Index increased 0.6% in March, the Bureau of Labor Statistics said […]
Five Things to Watch in the March Retail Sales Report
The March advance retail sales report will offer a gauge of consumer confidence in the economic reopening as the U.S. gets a hold on the […]
Orders for workout equipment soared during the pandemic. It’s part of a larger transformation in the fitness industry
When the COVID-19 pandemic forced gyms to close, Cory Zuccaro was among the wave of people who turned their home into their own personal gym. […]
Both imports and exports fell for the first time since May
Extreme weather events and supply chain congestion restrain strong demand By Jo Constantz Both exports and imports fell in February for the first time since […]
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 […]
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 […]
The Jobs Report Will Show the Labor Market in Excellent Direction, But Still at Terrible Levels
The labor market in the U.S. is likely to accelerate on its path to recovery as employers are expected to have added more jobs in […]
Durable goods decline slightly in February, but optimism remains for long-term recovery
Durable goods orders declined slightly in February as global supply chain issues lingered and inclement weather pushed the manufacturing industry’s steady recovery off track. New […]
Retail Sales Steeped in February, But Expected to Rebound
“It suggests that consumers are in a generally good shape, we’ve had the fiscal stimulus checks now for those at the lower end of the income spectrum,” Scott Brown, chief economist at Raymond, James and Associates Inc.