The U.S. economy grew at a solid pace in the third quarter, marking the first advance this year.
economy
Posted inBusiness
U.S. retail sales stagnate as inflation, rates hit consumers
Consumers are feeling a bigger pinch from rampant price pressures.
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Posted inTimes Record
Demand for housing, commercial space growing in Topsham, according to market analysis
A market analysis of Topsham’s commercial corridors found high prices in Portland have boosted demand for housing, offices and industrial space in the Midcoast, providing an opportunity for Topsham developers.
Posted inOp-eds, Opinion
Commentary: Biden’s fight against inflation is failing homeowners
The president and congressional Democrats are relying on the Fed to bring down prices by raising interest rates.
Posted inBusiness, Nation & World, News
U.S. economy stumbles into final stretch of 2022 facing new pressures
Fresh data in recent days suggests the economy isn’t sputtering quite yet and that two of the economy’s main engines are still revving.
Posted inBusiness, Nation & World, News
U.S. economy shrank at 0.6% annual rate from April through June
It marked the second consecutive quarter of economic contraction, one informal rule of thumb for a recession.
Posted inEditorials, Opinion
Another View: Address long COVID as an economic drag
Up to 3 million full-time equivalent workers have been knocked out by lingering health effects. Let’s start acting like it.
Posted inOp-eds, Opinion
Marty Walsh: Actually, America’s workforce is stronger than ever
We shouldn’t emerge from the pandemic with a soured view of our national work ethic, the U.S. labor secretary says.
Posted inBusiness, Local & State, News
Maine’s unemployment rate heads toward record low
The state’s jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
Posted inTimes Record
Understaffed Midcoast restaurants can’t meet demand
While business at restaurants has largely bounced back since the pandemic-induced lows of 2020, staffing shortages are forcing some local spots to cut hours or menu items.