One year after the passage of the Inflation Reduction Act, a once-in-a-generation investment in the climate and clean energy, it is clear that the landmark law has already had positive impacts on the national and state economies.
Tag Archives: economy
Smaller Companies Struggle to Access Funding from Federal Economic Bills
In the quest for economic growth, some small businesses in North Carolina are facing challenges in accessing funding from federal economic stimuli, such as the Infrastructure Bill, Build Back Better, and the American Rescue Plan Act.
As Federal Student Loan Repayments Resume, Tips to Prepare
As summer comes to an end, kids and adults alike are headed back to school. But for college graduates, this also means it’s time to resume payments on their federal student loans after a hiatus of more than three years.
NC Gas Prices Increase, but Remain Lower Than National Average
Gas prices throughout the United States have continued their upward trend over the previous months and years, due to increasing oil prices. Despite the lower demand, potential hurricane development and forecasts of record-high temperatures could cause refineries to halt production and contribute to the increase in prices.
NC House Prices Increase, But Remain Lower Than National Prices
In June 2023, home prices in the United States decreased by 0.83 percent compared to last year to a median price of $425,177, according to data from Redfin.
US Losing Fitch’s Top AAA Credit Rating may Portend Future Economic Weakness
The formerly pristine reputation of the U.S. government’s debt lost a little more luster after another prominent rating agency demoted Uncle Sam from its AAA perch.
Total Jobs Increase Nationwide
The United States added 187,000 new jobs in July, according to the monthly report released by the Bureau of Labor Statistics. Average hourly wages rose 4.4 percent from a year earlier, slightly more than officials expected.
National Unemployment Rate Drops As Jobs Increase
The national unemployment rate dropped from 3.6 percent in February to 3.5 percent in March.
House Budget Proposal Falls Woefully Short of What Our Students and Educators Deserve | Opinion
When compared to the current school year, total state funding for public schools would increase just 0.7 percent under the House budget.
NC House Proposed Budget has Tax Cuts, Employee Raises, and is Stuffed With Policy Changes
The budget state House Republicans presented this week would increase teacher salaries an average of 10% over two years and give state employees 7.5% raises over the two-year budget cycle.