Economic Trends

Inflation is showing no signs of letting up anytime soon as the U.S. Bureau of Labor Statistics (BLS) reported the Consumer Price Index (CPI) increased 0.5 percent from November to December 2021. Despite the fact that average hourly earnings for all employees increased 0.1 percent over the same time period, the record inflation rate over…

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Miscellaneous

Notwithstanding the spike in coronavirus infections that we’re seeing across the country over the past few weeks, optimism rose 12 points among small business owners for the fourth quarter of 2020 according to new polling from the Wells Fargo/Gallup Small Business Survey. The 4th quarter score of 72 is up 12 points from the prior…

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