Biden administration, Inflation
Biden taking added fire as food, shelter, gas get more expensive(The Center Square) – The federal government released its latest inflation data Tuesday, drawing fresh fire for President Joe Biden as the cost of living continues to rise. The U.S. Read More
Inflation
Americans’ personal finances worst since the Great Recession(The Center Square) – Half of Americans report their personal finances are “worse off” than they were a year ago, according to a new survey. The poll found only 35%… Read More
Economy, Inflation
Business owners highlight cost of inflation for businesses, families(The Center Square) – Business owners from West Virginia told the powerful U.S. House Ways and Means Committee on Monday they are struggling with inflation, among other problems, as the… Read More
Inflation
Survey: Two-thirds of Americans fear inflation will worsen; almost 90% worried about it(The Center Square) – Two out of every three Americans fear inflation will be worse in 2023 than it was last year, prompting nearly 90% of respondents overall in a… Read More
Inflation
Positive GDP in Q4 sparks to optimism for 2023(The Center Square) – Growth in the nation’s gross domestic product during the last half of 2022 shows the raising of interest rates to control inflation didn’t harm the economy,… Read More
Economy, Inflation
Poll: Americans pessimistic about the economy in 2023(The Center Square) – Americans are not optimistic about the economy this year. A new poll from Gallup found about 80% of those surveyed expect higher taxes, a higher deficit… Read More
Economy
Report: Majority of Americans living paycheck to paycheck, many blame rising inflation(The Center Square) – Recently released survey data reports that the majority of Americans are feeling the pain of inflation and living paycheck to paycheck. PYMNTS released its latest survey,… Read More
Economy
Survey: 1 in 3 Americans want to save more with New Year’s resolutions(The Center Square) – Inflation remains one of the top concerns for Americans heading into 2023, according to a new WalletHub survey. Prices on a range of goods and services… Read More
National
California businesses continue to relocate to Texas(The Center Square) – The exodus of companies from California continues, with many relocating to Texas, according to a tally kept by the California Policy Center. According to its California… Read More
Economy
Small businesses report hardship due to inflation this Christmas season(The Center Square) – Small businesses around the country still see inflation as a top concern this Christmas season. Goldman Sachs released survey data that found that 52% of surveyed… Read More
Economy
Federal Reserve hikes rates again(The Center Square) – The U.S. Federal Reserve announced a new rate increase of half a percentage point Wednesday in its ongoing effort to curb inflation. The Fed raised the… Read More
Economy
Federal inflation data: Grocery prices continue to rise nationally(The Center Square) — While overall inflation has slowed from its rapid pace earlier this year, grocery prices continue to rise, putting Americans in a pinch, according to newly released… Read More
Economy
Wholesale vegetables price index spiked 38% last month as key inflation marker rose more than expected(The Center Square) – The U.S. Bureau of Labor Statistics released new inflation data Friday for wholesale prices with a 0.3% rise in November, part of a 7.4% increase in the… Read More
Economy
Credit rating agency warns recession could trigger property tax hikes(The Center Square) – Fitch Ratings said Friday that the outlook for state and local governments was “deteriorating” and an expected recession could put pressure on state and local governments… Read More
Economy
Survey shows rent delinquency rates for small businesses escalating in Illinois(The Center Square) – Small businesses in Illinois and around the country continue to face difficulties paying their rent. A survey by the small businesses network Alignable shows 40%… Read More
Agriculture
Farmers can expect high interest rates and higher costs next year(The Center Square) – Farmers borrow short term money up front every year to pay for inputs and operating expenses. At harvest time when they sell their crops, they pay… Read More
Economy
Report: 41% of small businesses can’t pay rent this month(The Center Square) – More than 40% of U.S. small business owners say they couldn’t pay rent on time or in full for the month of November, the highest this… Read More
Economy
Higher prices hit the holiday season as Black Friday approaches(The Center Square) – Americans will pay higher prices for a range of goods and services for the Thanksgiving holiday and Black Friday shopping this year, and it looks like… Read More
Economy
Thanksgiving meal costs more than ever in Illinois(The Center Square) – It is going to cost more than ever for those Thanksgiving Day dinner staples this year. Illinois shoppers taking part in the 37th annual American Farm… Read More
Economy
Producer prices rise again amid inflation woes(The Center Square) – Producer prices continued to rise in October, according to newly released federal inflation data. The producer price index rose 0.2% last month, contributing to an 8% rise… Read More