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Economists’ dire warning of a recession last year proved completely off base as firms continued to hire workers and consumers continued to spend, but perhaps the economy is finally beginning to cool. (Photo/DepositPhotos)
May 6, 2024

Reports show early signs of an economic slowdown

It wasn’t the employment report, but the purchasing managers index for the service sector plummeting in April that …

Recent data reinforce the notion that the economy continues to expand at an impressive pace while the inflation rate remains on track to steadily shrink. (Photo/DepositPhotos)
Apr 10, 2024

ECONOMIST: Strong employment does not preclude rate cuts

Recent data reinforce the notion that the economy continues to expand at an impressive pace while the inflation rate …

The EIA expects gas prices to be $3.48 at the end of 2024. If that is correct, gasoline prices should have a negligible impact on either the CPI or the PCE inflation measures for the year. (Photo/DepositPhotos)
Apr 5, 2024

ECONOMIST: Fed rate cut on track despite rising oil prices

the EIA expects gas prices to be $3.48 at the end of 2024. If that is correct, gasoline prices should have a ...

Mar 19, 2024

Lure of deflation comes with its on set of dangers

Because wages have not kept pace, purchasing power has been reduced …

Feb 27, 2024

Rising oil prices will slow the decline of inflation

Oil prices are likely to rise from $78 per barrel currently to $88 per barrel by ...

Feb 19, 2024

Economist: Expect rates to fall by summer — not before

As long as the economy chugs along at a moderate pace and ...

Feb 7, 2024

Economist: Labor market not nearly as strong as you think

Economist says the latest employment report was a shocker …

Jan 22, 2024

ECONOMIST: Threat of economic slowdown is evaporating

Predictions of an ecominic slowdown by most economists are being usurped by ...

Dec 26, 2023

Economic outlook: Indicators suggest smooth sailing to kick off 2024

Looking ahead to 2024 the economy should largely shrug off the remaining impact of high interest rates and not slip into recession. Inflation should continue to trend lower but its rate of descent will be less pronounced than in this past year.

Dec 21, 2023

Are the Panthers of Charlotte turning their backs on South Carolina?

The NFL organization in Charlotte needed the population beyond the Queen City borders to land a team in the early 1990s, but now the organization is leaving South Carolina out of its major plans, first ending plans in had in Rock Hill and now pulling out of Spartanburg, where …