Five Things to look Out for the Upcoming International Trade Report
Economists are predicting that the international trade report for March, to be released on Thursday, will show the U.S. trade deficit narrowed from $70.5 billion to $64 billion. Here are five things to watch for in the report. Increased Exports, Decreased...
Inflation, Wages Could Ease Before the Fed’s Meeting: Five Things to Consider in Personal Income Report
Economists predict a slight decrease in Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred measure of inflation, and a modest dip in consumer spending, in March’s personal income report set for release Friday. The predicted slowdowns...
Five things to watch out for in the upcoming durable goods report
New orders for durable goods had been plunging in the months of January and February, signaling that the market for long-lasting consumer goods is contracting as the Federal Reserve continues to raise interest rate hikes and the banking crisis deepens. The new durable...
Five Things to Watch: Home Prices
Economists predict that home prices declined year over year in February, ahead of the monthly Case-Shiller Report set to release tomorrow morning. But uncertainty lingers amidst changing seasons, regional divides and an otherwise resilient labor market. The Federal...
“Troubled Times for Afghanistan: Taliban Rule Leads to Severe Economic Crisis”
Afghanistan’s economy was in crisis even before the Taliban took control in August 2021. But now it has reached a critical point, with widespread poverty and food insecurity. In less than two years, over a million people have...
Manufacturers are turning to remote and hybrid work to address their labor shortages
Like many recruiters in 2023, Jackie Curtsinger often interviews candidates who want hybrid or remote work opportunities. But for her, there’s a catch: She works primarily with companies in manufacturing, where some amount of in-person work is unavoidable. ...
Housing Markets Are Cooling – But Not Everywhere
The Federal Reserve targets home prices to curb inflation. But only certain markets seem to be responding – revealing the imprecision of an interest hiking toolbox. Housing prices fell in January, but at vastly different speeds coast to coast. A stark split in the...
The Hudson Valley Has a New York City Problem
Greg Beytis has lived in the Hudson Valley for his whole life, so he remembers a time before the pandemic when finding an apartment only took a week, if that. But as of March, Beytis has spent four months looking for an apartment to rent where he can stay with his...
Younger Borrowers Are Grappling with Short Term Debts, the Restart of Student Loan Payments Could Provide an Additional Challenge
Young people are already struggling financially, and the potential restart of student loan payments could make their road ahead even bumpier. While American households overall have emerged from the pandemic in strong financial shape, with plenty of savings and little...