Nov 20, 2023
Steve Allen Provides Insight on Inflation, Recession as Local Businesses Prepare for Holiday Season
The National Retail Federation is forecasting holiday sales will grow between 3-4% this year, a rate similar to pre-pandemic levels. But hiring challenges have persisted, especially for small businesses, as unemployment rates remain low. However, new jobless claims data shows the job market may be softening. “Based on what’s going on right now, I think…
