by Brianna Monsanto | Apr 3, 2022 | Retail Sales
Regular gas at the Speedway in Albemarle County, Virginia is at $4.20 per gallon, up from $2.72 a year ago. The grocery store a mile away, a Kroger, has raised the price of pork and beef. Yet in the middle of the two, one local business has somehow managed to avoid...
by Brianna Monsanto | Mar 24, 2022 | Retail Sales
Consumers slowed their spending in February as they continue to deal with higher prices. Retail sales grew a mere 0.3% in February, the Commerce Department said Wednesday. Gasoline stations dominated the report with a 5.3% increase in sales. These figures indicate...
by Lucy Papachristou | Mar 5, 2022 | Economy, Manufacturing
Auto workers in Sterling Heights, Mich. in 2014. (Photo: Flickr, CC BY-NC-ND 2.0) The manufacturing sector continued to grow steadily last month, indicating that the economy as a whole is resurgent and tempering fears that any lingering effects of the Omicron...
by Molly Boigon | Feb 24, 2022 | Economy, Featured, Housing
Housing prices in the nation’s largest cities increased last year at the fastest pace in three decades, though rising mortgage rates could cool the red-hot market this year. National home prices rose by 18.8% from a year earlier, according to the S&P CoreLogic...
by Natalie Peart | Apr 18, 2021 | Economy
In the early days of the pandemic, business slow downs or closures meant less revenue or none at all. For Craig Forester, it meant a surprise increase in sales. Forester is the Operations Manager of Rex Lumber Company, a third generation hardwood and tropical lumber...
