Tag: Recession
Key inflation gauge tracked by Fed remained high in March
WASHINGTON (AP) – A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed...
Fed policy may be paying off, but pain to come
The latest jobs report shows that the Federal Reserve’s policy on inflation appears to be working. That’s the good news. The bad news is...
Recession concerns?
Are you concerned about a possible recession looming?
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Was your company impacted in any way from the 2008 recession?
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Are recession fears...
With recession looming, think big on tourism
This is a big year for Rhode Island tourism, starting with the impending release of the first major statewide campaign since 2017.
Rhode Island tourism...
2023 U.S. recession now expected to start later than predicted
WASHINGTON (AP) – A majority of the nation's business economists expect a U.S. recession to begin later this year than they had previously forecast,...
Preppin’ for RECESSION. PBN survey: Talk of a coming downturn is...
If and when the country will slip into a recession depends on who you ask, but the gloom is already settling over Rhode Island...
The pain of Uncle Sam’s higher interest payments
Consumers and businesses aren’t the only ones feeling the pain of higher borrowing costs because of Federal Reserve rate hikes. Uncle Sam is too.
The...
PBN summit panel: Economic indicators say recession coming in 2023
PROVIDENCE – In many ways, the party is over.
At least that's the way the panelists at Providence Business News’ Economic Trends Summit on Thursday...
Jobs, wages are up, but a gloom remains
At any other time, the jobs news that came down on Dec. 2 would be a reason for cheer.
The U.S. added 263,000 nonfarm jobs...
Unemployment claims rise to 240K, highest since August
WASHINGTON (AP) – The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic...
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