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Opinions

Jul 19, 2024

National debt enters unsustainable territory

Last month the Congressional Budget Office revised (upward) its estimate of the budget deficit for the current fiscal year to …

Jun 30, 2024

Economist: Immigration-fueled GDP growth about to end

GDP growth should have slowed. It did not. One relatively simple explanation that has not received much attention is that growth has been stimulated by …

The Fed anticipated fewer rate cuts in 2024 and added an additional rate reduction in 2025. The funds rate at the end of that year is a little different. (Photo/DepositPhotos)
Jun 18, 2024

Uptick in inflation rate changes the Fed’s outlook

This past week we learned that Fed officials expect one or perhaps two rate reductions by yearend, followed by an additional four rate cuts in 2025.

Economists’ dire warning of a recession last year proved completely off base as firms continued to hire workers and consumers continued to spend, but perhaps the economy is finally beginning to cool. (Photo/DepositPhotos)
May 6, 2024

Reports show early signs of an economic slowdown

It wasn’t the employment report, but the purchasing managers index for the service sector plummeting in April that …

Recent data reinforce the notion that the economy continues to expand at an impressive pace while the inflation rate remains on track to steadily shrink. (Photo/DepositPhotos)
Apr 10, 2024

ECONOMIST: Strong employment does not preclude rate cuts

Recent data reinforce the notion that the economy continues to expand at an impressive pace while the inflation rate …

The EIA expects gas prices to be $3.48 at the end of 2024. If that is correct, gasoline prices should have a negligible impact on either the CPI or the PCE inflation measures for the year. (Photo/DepositPhotos)
Apr 5, 2024

ECONOMIST: Fed rate cut on track despite rising oil prices

the EIA expects gas prices to be $3.48 at the end of 2024. If that is correct, gasoline prices should have a ...

Feb 27, 2024

Rising oil prices will slow the decline of inflation

Oil prices are likely to rise from $78 per barrel currently to $88 per barrel by ...

Feb 19, 2024

Economist: Expect rates to fall by summer — not before

As long as the economy chugs along at a moderate pace and ...

Feb 7, 2024

Economist: Labor market not nearly as strong as you think

Economist says the latest employment report was a shocker …

Dec 21, 2023

Are the Panthers of Charlotte turning their backs on South Carolina?

The NFL organization in Charlotte needed the population beyond the Queen City borders to land a team in the early 1990s, but now the organization is leaving South Carolina out of its major plans, first ending plans in had in Rock Hill and now pulling out of Spartanburg, where …

Dec 15, 2023

VIEWPOINT: Getting a job while evading the algorithm and (mostly) avoiding recruiters

Connecting directly to another person is the ideal way to find work and find people.

Sep 15, 2023

Belgian manufacturer unveils first US location in Spartanburg County

The decision to establish operations in Spartanburg County at a 363,0000-square-foot facility reflects the company's vision and commitment to become a global leader in the measuring and machine-vision solutions industry.