Driving Prices Higher: Housing and… Auto Insurance? Who’s to blame for inflation? We can all see prices increasing on everything from housing to cars to groceries – and more. But not all goods and services are created equal when it comes to inflation. And though there may not be one person who’s responsible, there are…Read more
Slow Spending Strong spending has helped buoy an uncertain economy over the past few months. But American consumers might finally be tapping out. Retail sales dipped 0.1% between October and September — the first decline since March after a strong summer for consumer spending. Economic Sales Data The sales declines were broad-based, though furniture stores…Read more
Wage Growth Wanes The pandemic affected the economy in many ways. As businesses struggled to get workers to join them for the great reopening, low-wage jobs got a juicy pay boost. Fast forward to today, that wage boost effect is waning, and that might have a knock-on effect on the economy. Economic Tides Turning As…Read more
