The average household income needed to afford a typical U.S. home rose by half since January 2020. Plus, restaurant hiring and banana import whiplash.
Foreign investors wary about the trade war’s impact have been selling U.S. stocks — and by extension, dollars — to invest in other markets.
“It feels like it’s been psychological torture,” said Daniella Velazquez de León, general manager of Organics Unlimited.
Sales and hiring have dropped in the restaurant industry amid harsh weather conditions and economic uncertainty.
The average age of a homebuyer is also going up.
Tariffs and other issues with the U.S. are prompting moves toward decoupling. But the Continent lags in growth and innovation.
Falling birth rates, urban migration and school choice are keeping public school rosters down in North Carolina, especially in small towns.