by Jiana Smith | Apr 7, 2024 | Economy, Featured, Jobs
Job gains will likely continue into the month of March, following three months of unexpectedly strong gains despite high interest rates from the Federal Reserve. The US Bureau of Labor Statistics releases its monthly Employment Situation Summary on Friday. Economists...
by Diana Escamilla Fuentes | Apr 3, 2024 | Economy, Featured, International Trade
When India implemented a 20% tariff on top of an existing 50% tariff on U.S. apples in June 2019, Brian Norwood saw a major drop in the exportation of Washington state apples to India. Before the additional tariffs were enacted, Brian Norwood, export sales manager for...
by Diana Escamilla Fuentes | Mar 20, 2024 | Economy, Featured, International Trade
The U.S. trade deficit for the month of January surprised economists by increasing more than expected in a sign that the economy continues to be strong. The trade deficit in goods and services rose by $3.3 billion or 5.1%, to $67.4 billion in January, according to...
by Carlos Garcia | Mar 8, 2024 | Economy, Featured
Jerome Powell Photographer: Al Drago/Bloomberg Inflation picked up slightly in January, which could make it more likely that Jerome Powell and the Federal Reserve will wait until at least the summer to cut interest rates. The Personal Consumption Expenditures Price...
by Eliot Force | Mar 7, 2024 | Economy, Featured, Housing
Home prices grew at a solid rate in December despite persistent high interest rates. The S&P CoreLogic Case-Shiller index, which measures home prices, reported a 5.5% year-over-year increase for the month of December. That’s up from a 5.0% increase in November....
by Hannah Fierick | Mar 5, 2024 | Economy, Featured
Durable goods orders fell sharply in January as transportation equipment orders declined. Orders dropped 6.1% to $276.7 billion in new orders from December, following a marginal decrease of 0.3% the previous month, according to the Census Bureau. Transportation...