An index of small business indicators jumped by nearly 1 point in November, but the 92.5 reading shows that business owners are still hesitant to expand, according to the National Federation for Independent Business. November’s 0.9 point increase in NFIB’s monthly index followed a 2.3 point drop in October. The index...
Read moreEconomists admire Americans for many traits: our profound respect for property rights, our tendency to forgo vacation days, our ingenious methods of mass-producing “food.” Another important attribute is our willingness to move, between houses, between states and across the country. Some economists believe our inborn rootlessness makes the country’s...
Read moreThe Memphis metro area’s foreclosure rate fell 50 percent in the first half of 2011 compared to the same period in 2010. Gary Lee the General Manager of Cord Moving and Storage keeps a close eye on the housing market in Memphis, “since it has a direct impact on...
Read moreTruck shipments fell for the second consecutive month in May, according to the American Trucking Associations. The trade organization reported Monday that its advance seasonally adjusted For-Hire Truck Tonnage Index fell 2.3 percent in May, building on a revised April tonnage decline of 0.6 percent, slightly better than the...
Read more