economy
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PublishedApril 14, 2024
Impact of remote work still echoes in Portland’s office buildings
Though it has fared better than other metropolitan areas – the national office vacancy rate has hit record levels – the city, and its businesses, feel the pinch.
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PublishedMarch 31, 2024
What does the Baltimore bridge collapse mean for Maine’s supply chains?
The effects won't reach the state for over a month, one expert said. But there could be delays in restocking various goods, and consumers may see prices go up.
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PublishedMarch 22, 2024
Immigration is fueling U.S. economic growth while politicians rage
The surprising pace of U.S. job growth is attributable in part to immigrants.
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PublishedMarch 14, 2024
February retail sales up 0.6%, yet fissures emerge in what has been a driving force for U.S. economy
American shoppers picked up their spending a bit, but last month’s gain was weaker than expected.
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PublishedMarch 13, 2024
Biden aims to repair places left broken by previous economic strategies
President Biden is set to unveil federal grants in Wisconsin to remove or retrofit highways that separate minority neighborhoods in many cities from jobs, hospitals and other services.
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PublishedMarch 8, 2024
U.S. economy adds 275,000 jobs in latest sign of robust labor market
The report, which beat expectations, marked the 39th straight month of job gains.
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PublishedFebruary 29, 2024
Economist sees solid growth ahead, but warns of looming overseas threats, historic federal debt
Commercial real estate vacancies remain high as employees choose to work from home, and leases and mortgages face renewal at higher interest rates, a TD Bank economist said Thursday.
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PublishedFebruary 27, 2024
The economy is roaring. Immigration is a key reason
Momentum in the job market picked up aggressively over the past year – all while Washington is deadlocked on a border deal.
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PublishedFebruary 26, 2024
What recession? Forecasters raise expectations for U.S. economy in 2024
Though measures of inflation have plummeted from their heights and are nearing the Federal Reserve’s target level, many Americans remain unhappy that average prices are still about 19% higher than they were when President Biden took office.
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PublishedFebruary 15, 2024
Recession has struck some of the world’s top economies. The U.S. keeps defying expectations
Both Japan and the United Kingdom said Thursday their economies weakened for a second straight quarter, which fits one lay definition for a recession.
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