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Tag Archives: economy

What the $2T CARES Act Means for Your Small Business

covid-19 stimulus package

Amid economic upset resulting from the COVID-19 pandemic, the U.S. has passed a $2 trillion economic stimulus package meant to bring relief to individuals and businesses, The New York Times reports. The $2 trillion aid package was signed into law …

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Unemployment Claims Rise to 3.3M in Wake of COVID-19

unemployment claims

Jobless claims in the U.S. rose to 3.3 million for the week ending March 21, CNN reports. This figure represents the highest number of initial jobless claims in history since the Department of Labor started recording the number in 1967. …

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COVID-19 Economic Stimulus Package Nears Passage

covid-19 economic stimulus

Amid economic instability caused by the COVID-19 pandemic, the U.S. Congress is poised to vote on a $2 trillion stimulus package. According to The New York Times, the bill provides $150 billion to assist state and local governments in their …

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Buying Specials Boost House-Hasson October Market Sales, Participation

New attendees, retailers taking greater advantage of buying specials, an increased number of vendors and a strong economy contributed to the best fall market in company history, says House-Hasson Hardware president Don Hasson. “We’ve taken a hard look at the …

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Small Business Economic Outlook Rises

economic outlook

According to data from the MetLife & U.S. Chamber of Commerce Small Business Index, employers in the U.S. feel more confident about the state of the nation’s economy and their own finances. In the latest index, the overall economic outlook …

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Lumber Prices Show Unseasonable Drop

lumber prices

Though lumber prices usually rise in the spring, a new report from The Wall Street Journal says bad weather and a decline in homebuilding have caused lumber prices to drop just one year after they reached record highs. The article …

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U.S. Economy Grows 3.2% in Q1 2019

U.S. Economy

The U.S. Department of Commerce announced that the country’s gross domestic product (GDP) had risen by an annual rate of 3.2 percent in the first quarter of 2019, according to The New York Times. GDP is the “broadest measure of …

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Retail Experiences Strongest Holiday Shopping Season in 6 Years

holiday shopping season

American consumers were out in droves over the holiday shopping season, providing the strongest growth in the last six years, according to CNN Business. In fact, retail spending from Nov. 1 through Dec. 24 increased 5.1 percent from a year …

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