Tag: Recession
Robots and happy workers: Productivity surge helps explain U.S. economy’s surprising...
WASHINGTON (AP) – Trying to keep up with customer demand, Batesville Tool & Die began seeking 70 people to hire last year. It wasn't...
The Federal Reserve seems content to play the waiting game
If there’s one thing you can say about Fed policymakers, it’s that they don’t make decisions on a whim. When the Federal Open Market...
Political tensions pose threat to economy, business economists say
WASHINGTON (AP) – Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn...
Business owners not rushing to expand post-pandemic
Rhode Island business owners know they have been through worse but they’re not quite ready to say that’s all behind them.
That’s the biggest takeaway...
American consumers feeling more confident than they have in two years
American consumers, fresh off strong holiday spending, are feeling more confident than they have in two years.
The Conference Board, a business research group, said...
Do you agree with growing sentiment that the U.S. may avoid...
The general sentiment among economists over the past year was that it was a near certainty that the U.S. would fall into a recession...
U.S. consumer confidence tumbles in September as American anxiety about the...
WASHINGTON (AP) – The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated...
Despite rosy jobs data, danger of recession lingers
Don’t be overly fooled by seemingly rosy jobs data issued recently.
Yes, the U.S. economy added 187,000 jobs in August 2023 – faster than the...
Are concerns about inflation and the possibility of a looming recession...
Despite monthslong concerns about inflation and a looming recession, retail sales at restaurants and bars have jumped this summer compared to a year ago.
National...
Lardaro: R.I. remains in a statistical recession
PROVIDENCE – Rhode Island continues to be in a statistical recession, but the effects have been blunted by federal funding and budget surpluses, University...
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