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Jul 17, 2024

It’s homebuying season

Also: State and local governments have been on a hiring spree, and business inventories are up.

When it comes to inflation, interest rates might work like a “Jedi mind trick”
by Kristin Schwab and Sean McHenry
Kevin Dietsch/Getty Images
According to Rogé Karma at The Atlantic, many economists believe high rates tamp down inflation largely by influencing people’s expectations.
First-time homebuyers are a growing share of the market
by Amy Scott
Amy Scott/Marketplace
But not because it’s easier to buy.
What does it mean for the economy when businesses grow their inventories?
by Caleigh Wells
Joe Raedle/Getty Images
It all depends on why they’re doing it.
Rise in house completions means relief is coming for home seekers
by Samantha Fields
ANNVIPS/iStock / Getty Images Plu
The increase in housing supply will help bring down, or at least steady, prices, experts say.
Governments at all levels are hiring, and that’s boosting the job market
by Henry Epp
Stephen Maturen/Getty Images
The public sector is still recovering from pandemic turbulence. Due to upcoming retirements, it may stay active in the labor market for years.