The economy is key to many voters in their pick for president, but that fervor also makes it an attractive subject for distortions, misinformation, and oversimplification. Nearly eight in 10 U.S. voters say that the economy is one of the most important issues to them in this upcoming presidential election, according to an AP-NORC poll conducted in […]
Tag: Federal Reserve
Posted inNews
NKU economist warns of increased prices in Tri-State due to port strike
As thousands of dock workers across more than a dozen U.S. ports walk off the job and strike for better wages and automation protections, many worry the closure of major shipping lanes could lead to higher prices for Americans across the country. Janet Harrah, an economist at NKU Haile College of Business, said it doesn’t […]
Posted inNews
US economy added 818,000 fewer jobs than first reported in year that ended in March
The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday. The revised total adds to evidence that the job market has been steadily slowing and likely reinforces the Federal Reserve’s plan to start cutting interest rates soon. The Labor Department estimated that job […]
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First time home buyers face steeper climb in NKY market
This story originally appeared in the March 31 edition of the weekly LINK Reader. To get these stories first, subscribe here. Buyers are returning to the market faster than inventory, and realtors are seeing an uphill battle for renters looking to transition to homeownership. Northern Kentucky native Thomas Hedger is looking to move back to […]
Posted inBusiness
Economic Headlines Look Good for NKY, But Local Experts Advise Caution
A presentation to NKY Chamber members focused on the regional economy. From left to right: NKY President and CEO Brent Cooper, Janet Harrah of NKU and John Augustine of Huntington Bank. by Robin Gee Although it looks like the region is on the road to a full recovery, experts warn that the situation in Northern […]