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News
Everyday Economics: Jackson Hole meets the great global rate reset
1+ hour, 3+ min ago (1285+ words) New Fed Chair Kevin Warsh's first meeting minutes averaged 113.5 words — 55% shorter than outgoing Chair Jerome Powell's final eight statements, and all 24 recurring Powell-era forward guidance phrases were dropped entirely. Economist Orphe Divounguy says the missing guidance is fueling mark… (The…...
Wisconsin sees increased employment, beating several national trends
2+ day, 4+ hour ago (172+ words) (The Center Square) – Wisconsin’s unemployment rate remained at 3.3% in July while the state saw a year-over-year increase of 2,000 nonfarm jobs. The state now has a labor force of 3.14 million with a 64.5% labor force participation rate. “The monthly data were relatively…...
Unemployment down slightly in Tennessee
2+ day, 23+ hour ago (190+ words) (The Center Square) – Tennessee's unemployment rate dropped from 3.5% in June to 3.4% in July, the lowest rate in two years, according to the Tennessee Department of Labor and Workforce Development. July 2024 was the last time the unemployment rate was 3.4%, according to…...
Prysmian’s $1B expansion granted $1M from governor’s taxpayer money fund
3+ day, 2+ hour ago (167+ words) (The Center Square) – Prysmian, manufacturer of fiber and glass, has received a $1 million performance-based grant from the One North Carolina Fund for its $1 billion expansion in Catawba County. Light through total internal reflection is pivotal to high-speed internet, global telecommunications…...
Wisconsin property now valued at more than $1 trillion
5+ day, 5+ hour ago (140+ words) (The Center Square) – The taxable value of Wisconsin property went up 8% again in 2026, matching the rise from the year before, according to new data from the Wisconsin Department of Revenue. The total equalized value of residential property in the state…...
2027 Social Security raise pegged between 3.2% and 3.6%
1+ week, 3+ day ago (220+ words) (The Center Square) – Seniors are on track for a Social Security raise of 3.2% to 3.6% next year, money paid from a retirement fund the program's trustees say will be depleted in 2032. The size of the annual raise has become its own…...
Inflation eased in July, but voters still rank prices No. 1
1+ week, 3+ day ago (423+ words) (The Center Square) – Inflation cooled slightly in July, federal data showed Wednesday, but a run of national polls found voters still rate the economy poor and say rising prices are their top concern. In an Economist/YouGov poll conducted Aug....
Consumer prices up 0.1% in July; annual rate slips to 3.4%
1+ week, 4+ day ago (259+ words) (The Center Square) – Consumer prices rose 0.1% in July after falling in June, the Bureau of Labor Statistics reported Wednesday, with the annual inflation rate easing to 3.4%. The index for shelter rose 0.1% and accounted for about two-thirds of the monthly increase,…...
Everyday Economics: Labor market is frozen: Deficits grow, the Fed still can't relax
2+ week, 2+ hour ago (805+ words) The Federal Reserve kept interest rates unchanged—but that doesn't mean borrowing is getting any easier. (The Center Square) – Friday's jobs report looked weak enough to make you wonder why the Fed isn't already talking about cuts. Look closer. The…...
Op-Ed: Wage growth and purchasing power: Which states lead the way?
2+ week, 3+ day ago (279+ words) Newly released data shows that two out of the top three states for average hourly wage growth in the nation are in our region. This is good news for consumers when considering regional purchasing power. Idaho came in third in…...