Many economists expect a 2024 recession, but LaGrange College vice president for academic affairs and economist Dr. Brian Peterson is optimistic. Peterson says there is no immediate recession risk because employment is high, prices are average, and GDP is growing. The Fed’s unwillingness to alter interest rates soon boosts the outlook. Post-Pandemic Economic Trends: Consumer…
The US high inflation continues as service sector prices and demands accelerated despite efforts to cool it down. US High Inflation Continues Following Increasing Prices and Demands in the Services Sector The US high inflation continues to spike following the increasing prices and demands in the services sector across the country as the demand for…
Reported job growth in the upstream oil and natural gas industry reached almost 7,000 in Texas. Reported Job Growth in May Became the Highest Single-Month Data in Texas with Almost 7,000 Additional Employment in the Upstream Oil and Natural Gas Industry Recent job growth in May became the highest single-month data in Texas with almost…