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PublishedApril 25, 2024
U.S. growth likely slowed last quarter but still pointed to solid economy
The United States has continued to outpace the rest of the world's advanced economies.
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PublishedMarch 31, 2024
What does the Baltimore bridge collapse mean for Maine’s supply chains?
The effects won't reach the state for over a month, one expert said. But there could be delays in restocking various goods, and consumers may see prices go up.
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PublishedMarch 22, 2024
Immigration is fueling U.S. economic growth while politicians rage
The surprising pace of U.S. job growth is attributable in part to immigrants.
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PublishedMarch 14, 2024
February retail sales up 0.6%, yet fissures emerge in what has been a driving force for U.S. economy
American shoppers picked up their spending a bit, but last month’s gain was weaker than expected.
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PublishedFebruary 29, 2024
Economist sees solid growth ahead, but warns of looming overseas threats, historic federal debt
Commercial real estate vacancies remain high as employees choose to work from home, and leases and mortgages face renewal at higher interest rates, a TD Bank economist said Thursday.
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PublishedFebruary 26, 2024
What recession? Forecasters raise expectations for U.S. economy in 2024
Though measures of inflation have plummeted from their heights and are nearing the Federal Reserve’s target level, many Americans remain unhappy that average prices are still about 19% higher than they were when President Biden took office.
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PublishedFebruary 15, 2024
Recession has struck some of the world’s top economies. The U.S. keeps defying expectations
Both Japan and the United Kingdom said Thursday their economies weakened for a second straight quarter, which fits one lay definition for a recession.
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PublishedFebruary 4, 2024
The economy is booming. So, why don’t people feel better about it?
A disconnect exists between big-picture indicators like unemployment and wages and the reality of day-to-day life for many in Maine, where groceries and housing costs remain stubbornly high.
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PublishedFebruary 2, 2024
U.S. didn’t just avoid a recession – it’s adding hundreds of thousands of new jobs
Employers added a surprisingly robust 353,000 jobs in January in a further sign of economic strength.
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PublishedJanuary 17, 2024
Retail sales up strongly in December as Americans continue to spend
Economists had expected consumers to pull back on spending in the final 3 months of the year under the weight of credit card debt and delinquencies and lower savings.
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