Inflation tied to housing costs hurts the purchasing power of Pierce County residents. A recent report on Pierce County’s workforce and economy identified that inflation disproportionately impacts ...

Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It ...

Discover the concept of underconsumption, its role in economic theory, and real-world examples like the auto industry during ...

The federal minimum wage sits at $7.25 per hour, unchanged since July 24, 2009. If you work full time at that rate (40 hours weekly for 52 weeks), you earn $15,080 annually before taxes. Be Aware: 10 ...

Tariffs by themselves will not send the U.S. economy into recession, though they will hurt the economy by a small amount. Consumers will have less purchasing power. They may spend more dollars, but ...

The de minimis exemption, which allowed overseas orders under $800 to come into the U.S. duty-free, ended Friday. In effect, American consumers will experience less purchasing power for goods produced ...

Dutch households will have less extra money to spend in 2026 than previously forecast, with average purchasing power now expected to rise by 0.9 percent instead of 1.3 percent, according to updated ...