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The NFIB Small Business Optimism Index ticked up in August, but only slightly.
In July, the cost of food at grocery stores was up 13% annually. An Oregon nonprofit is serving nearly twice as many clients as before the pandemic.
More people are going out to eat, but some are frustrated with the rising cost. Yet the cost crunch is just as bad, or worse, for restaurant owners.
Families are generally planning to spend almost $20 more per child on school supplies.
Rising costs and slower-growing incomes cut small town households’ discretionary income by 38% in the last year, pressuring a way of life.
The homelessness crisis is being punctuated in the nation’s most populous city by sky-high rents and rising prices, says the CEO of the Bowery Mission, a New York City-based nonprofit.
The U.S. is seeing some moderation in energy and food prices. That’s not case overseas.
Fed Chair Jerome Powell has made it clear he will not waiver in the fight against inflation, even if it causes economic pain.
Many day laborers are having difficulties paying bills because of rising prices and fewer work opportunities.
A New York Fed economist says 60% of inflation was driven by demand for goods, and 40% was from supply-side issues that magnified that higher demand.