by LCD Staff | Jun 6, 2022 | Economy, In the News, News & Analysis
(Source: CNBC) – Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying he will back interest rate increases until prices start falling back toward a healthy level. “If that involves moving past broadly understood levels of neutral we...
by LCD Staff | Apr 25, 2022 | In the News, Lewis & Clark Development Group, News & Analysis, News of Interest
(Credit: CNBC) – Many rural Americans may have stronger finances than urban dwellers, but their wealth may lack diversification, jeopardizing a more secure retirement. That’s according to a report from the Employee Benefit Research Institute analyzing data...
by LCD Staff | Dec 20, 2021 | In the News, News & Analysis, News of Interest
(Source: IHS Markit) – The COVID-driven national homebuying surge has waned. The following four trends, all currently on the horizon, have the potential to upend the housing market over the next few years. Fewer customers for single family homes Contrary to...
by LCD Staff | Dec 16, 2021 | In the News, News & Analysis, News of Interest
(Source: New York Federal Reserve Bank) — The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The Report shows that total household debt increased by $286 billion (1.9%) to $15.24...
by LCD Staff | Oct 25, 2021 | In the News, Lewis & Clark Development Group, NeighborWorks America
(Source: NeighborWorks America) — Earlier this year, NeighborWorks America conducted a Housing and Financial Capability Survey. The national survey results showed that many people see the advantages in owning a home but are unequipped to handle financial challenges...
by LCD Staff | Oct 11, 2021 | In the News, Lewis & Clark Development Group, News & Analysis
(Source: Bismarck Tribune) – North Dakota’s economy is showing signs of stagnation and a slowing recovery from the coronavirus pandemic, according to a quarterly outlook from North Dakota State University. The most recent modeling predicts declines in...
