the staff of the Ridgewood blog
Ridgewood NJ, Digital.com, a leading independent review website for small business online tools, products, and services, has published findings from a new survey report examining the impact of inflation on U.S. small businesses. Research experts analyzed responses from 1,000 small business owners and co-owners with 500 or fewer employees.
Continue reading New Jerseyans among the most worried about inflation, reveals study.
the staff of the Ridgewood blog
Trenton NJ, Republican senators called for action on their plans to save New Jersey taxpayers from suffering state income tax increases next year due to inflation after the Treasury Department estimated the cost of “tax bracket creep” at $543 million in FY 2023.
the staff of the Ridgewood blog
Ridgewood NJ, a new poll conducted at Issues & Insights by the TIPP polling group asked 1,300 Americans who’s responsible for “causing the current inflation?”
A stunning 64% said Biden was “responsible,” choosing either “very” or “somewhat responsible” versus 25% answered “not very” or “not at all responsible.” Even 53% of Democrats say Biden is responsible for the surge in prices.
Continue reading Voters Not Buying White House Spin on Economy and Inflation
the staff of the Ridgewood blog
Washington DC, the Producer Price Index (Wholesale Prices) for final demand increased 0.8 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.4 percent in April and 1.6 percent in March.
Continue reading Wholesale Prices Rose at a Near Record 10.8% Annual Rate
the staff of the Ridgewood blog
Ridgewood NJ, the Biden collapse in consumer confidence is near an all-time low and now LOWER than during the Covid crisis.
Continue reading Consumer Confidence Now Lower Under Biden than During the Covid Lockdowns
the staff of the Ridgewood blog
Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today.
Continue reading Inflation rose 8.6% in May, the highest since 1981
the staff of the Ridgewood blog
Ridgewood NJ, with the economy still struggling, most Americans believe this year’s class of college graduates face a tough job market.
Continue reading Concerns Over Job Prospects for the Class of ’22
the staff of the Ridgewood blog
Ridgewood NJ, despite news reports that the Supreme Court may be ready to overturn Roe v. Wade, abortion rights haven’t displaced inflation at the top of the list of issues most concerning to voters.
Looking to run ads or sponsored posts with the Ridgewood Blog
https://theridgewoodblog.net/advertising/ #localnews #northjersey #covid19 #Sposorships #Advertise #guestpost #affiliatemarketing
The latest Rasmussen Reports national telephone and online survey finds that 87% of Likely U.S. voters are at least somewhat concerned about inflation, including 60% who are Very Concerned. That’s barely changed since January. (To see survey question wording, click here.)
Continue reading Voters Far More Worried About Inflation Than Abortion Rights
the staff of the Ridgewood blog
Washington DC, the Producer Price Index for final demand increased 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 1.6 percent in March and 1.1 percent in February.
Continue reading Wholesale Inflation Surged to 11% in April as Producer Prices keep Accelerating
the staff of the Ridgewood blog
Washington DC, The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis after rising 1.2 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.3 percent before seasonal adjustment. Increases in the indexes for shelter, food, airline fares, and new vehicles were the largest contributors to the seasonally adjusted all items increase.
Continue reading Inflation Continues to Race Ahead at 8.3% in largest 12-month increase since 1981
the staff of the Ridgewood blog
Washington DC, on Wednesday the Federal Reserve raised its benchmark interest rate by half a percentage point, the most aggressive step yet in its fight against a 40-year high in inflation. In remarks after the Federal Open Market Committee voted to raise its key interest rate by 50-basis points for the first time since 2000, Powell rebuffed any suggestion that a mega-sized, 75-basis point increase is on the table at future meetings. The S&P 500 rose 3% following his comments, the biggest jump since May 2020.
Continue reading The Fed Wakes Up Raises its Benchmark Interest Rate by Half a Percentage Point
file photo by ArtChick
the staff of the Ridgewood blog
Ridgewood NJ, after a surge in retirement during the early months of the pandemic, the rate of retired workers returning to the job market has slowly been increasing over the past year. And as the labor shortage drags on, more opportunities have become available for those looking to come back to work, especially in a part-time capacity.
Continue reading Rising Costs of Living :1 in 5 Retirees Plan to go Back to Work This Year
the staff of the Ridgewood blog
Ridgewood NJ, according to the Bureau of Economic Analysis (BEA) the U.S. GDP shrank at an annualized rate of 1.4 percent during the first three months of 2022, according to the BEA’s first estimate of first-quarter economic growth. Economists expected U.S. GDP to have fallen by an annualized rate of 1 percent. Marking an abrupt reversal for an economy coming off its best performance since 1984.
