The U.S. economy, for the most part, is a services economy. The services sector accounts for more than 70% of the country’s gross domestic product, according to the Bureau of Economic Analysis. This ...
With tariff announcements and economic uncertainty, consumers are shifting their spending priorities. Some local businesses, like barbershops and hair salons, are also seeing the cost of products and ...
Total utility is the aggregate satisfaction that a consumer receives through the consumption of a goods or services. Total utility is often compared to marginal utility, which is the satisfaction a ...
There are changes coming to SNAP benefits, which you may know as food stamps. What are the changes, and when will they be implemented? Kim Chase, Program Manager, Economic Services, Forsyth County ...
Northwestern University professor Joel Mokyr was among three people awarded the Nobel Prize in economics on Monday for their research into technological progress and economic growth.