by shenal.tissera | May 17, 2025 | Uncategorized
Ever since Donald Trump won the presidency again last November, Sandy Swett, founder of the Harrison Food Bank in Maine, had been expecting a reduction in the food shipments from the federal government. However, a 40% decline was far more than she had envisioned. In...
by Olivya Veazey | Apr 30, 2025 | Personal Income, Uncategorized
When the Commerce Department releases their monthly Personal Income Report tomorrow, it will help us understand how consumers and businesses are responding to an unpredictable economy: saving, spending, and sometimes both. Most economists expect that consumer spending...
by shenal.tissera | Apr 7, 2025 | Uncategorized
President Donald Trump’s surprisingly high and expansive ‘Liberation Day’ tariffs levied on the rest of the world will increase inflation and slow down growth in the U.S. economy, said Federal Reserve Chair Jerome Powell on Friday. The Nasdaq closed in a bear market...
by Elisa Muyl | May 21, 2024 | Featured, Uncategorized
Embed from Getty Images Kwan Yong Lee moved to North Dakota in 2013, after graduating with an economics PhD from Purdue University, to work at the University of North Dakota in Grand Forks. He’s gotten pretty used to the cold, and likes that Grand Forks is safe, and...
by Anastasia Tomkin | Apr 18, 2024 | Personal Income, Uncategorized
This past month, American consumers increased their spending at the fastest rate since January 2023.Consumer spending rose 0.8% in February, the Bureau of Economic Analysis said Friday. Personal incomes rose at a monthly rate of .3%, which may have given consumers the...
