The Chamber for a Greater Chapel Hill-Carrboro held its latest forum in its Current Issues Series on Thursday, this one with a focus on the economy.
Dr. Michael Walden, the guest speaker, and President of the Chamber Aaron Nelson joined 97.9 the Hill’s Brighton McConnell to discuss major takeaways from the forum, like the country’s economic outlook and why the regional economy is poised to fully rebound from the COVID-19 pandemic.
Podcast: Play in new window | Download
Subscribe: RSS
Related Stories
‹
Economy Plunges 31.4% in Spring but Big Rebound Expected
The U.S. economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter that is just ending. The Commerce Department reported Wednesday that the gross domestic product, the economy’s total output of goods and services, fell at a rate of 31.4% in the April-June quarter, […]
As the Causes of US Inflation Grow, so Do the Dangers
Written by CHRISTOPHER RUGABER What keeps driving inflation so high? The answer, it seems, is nearly everything. Supply chain snarls and parts shortages inflated the cost of factory goods when the economy rocketed out of the pandemic recession two years ago. Then it was a surge in consumer spending fueled by federal stimulus checks. Then Russia’s invasion […]
US Inflation Slows for 2nd Month but Remains Stubbornly High
Written by CHRISTOPHER RUGABER U.S. inflation slowed for a second straight month on a sharp fall in gas prices, yet excluding energy most other items got more expensive in August, a sign that inflation remains a heavy burden for American households. Consumer prices surged 8.3% in August compared with a year earlier, the government said Tuesday, down […]
Two Years Into COVID, Was $800B Payroll Aid Plan Worth It?
Written by JOSH BOAK President Donald Trump rolled out the Paycheck Protection Program to catapult the U.S. economy into a quick recovery from the coronavirus pandemic by helping small businesses stay open and their employees working. President Joe Biden tweaked it to try to direct more of the money to poorer communities and minority-owned companies. […]
North Carolina Unemployment Rate Falls to 3.9% in November
Written by THE ASSOCIATED PRESS North Carolina’s jobless rate for November fell to 3.9%, the state Commerce Department announced on Friday, as employment surged by one measurement released by the agency. The seasonally adjusted unemployment rate, which compares to 4.1% in October, continued its year-plus long decline after the state’s economy shook off the tightest […]
US Economy Slowed to a 2% Rate Last Quarter in Face of COVID
Written by MARTIN CRUTSINGER Hampered by rising COVID-19 cases and persistent supply shortages, the U.S. economy slowed to a 2% annual rate in the July-September period, the weakest quarterly growth since the recovery from the pandemic recession began last year. Thursday’s report from the Commerce Department estimated that the nation’s gross domestic product — its […]
US Jobless Claims Hit a Pandemic Low as Hiring Strengthens
Written by PAUL WISEMAN The number of people seeking unemployment benefits fell last week for a fourth straight time to a pandemic low, the latest sign that America’s job market is rebounding from the pandemic recession as employers boost hiring to meet a surge in consumer demand. The Labor Department reported Thursday that jobless claims […]
US Added 943,000 Jobs in July; Unemployment Rate at 5.4%
Written by PAUL WISEMAN Hiring surged in July as American employers added 943,000 jobs. The unemployment rate dropped to 5.4% another sign that the U.S. economy continues to bounce back with surprising vigor from last year’s coronavirus shutdown. The July numbers exceeded economists’ forecast for more than 860,000 new jobs. Hotels and restaurants, reopening and […]
Biden’s First 100 Days: Where He Stands on Key Promises
Written by ALEXANDRA JAFFE, AAMER MADHANI and KEVIN VINEYS As he rounds out his first 100 days in office, President Joe Biden’s focus on reining in the coronavirus during the early months of his administration seems to have paid off: He can check off nearly all his campaign promises centered on the pandemic. Biden has delivered on a number of […]
On Air Today: Dr. Michael Walden and Aaron Nelson
The Chamber for a Greater Chapel Hill-Carrboro held its latest forum in its Current Issues Series on Thursday, this one with a focus on the economy.
Dr. Michael Walden, the guest speaker, and President of the Chamber Aaron Nelson joined 97.9 the Hill's Brighton McConnell to discuss major takeaways from the forum, like the country's economic outlook and why the regional economy is poised to fully rebound from the COVID-19 pandemic.
›
