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Virginia scores big with booming sports tourism industry
Henrico and other Virginia counties see major economic growth from sports tourism, with events and new venues boosting jobs, tax revenue, and visitors.
Retailers misjudge shopper priorities, loyalties amid rising costs, said Rakuten report
More than half of consumers say they plan to prioritize products with the lowest prices when shopping in the coming months, while only 5% of retailers think shoppers will choose to trade down to lower quality products and less expensive brands.
Americans increased spending tepidly last month as anxiety over the economy takes hold
WASHINGTON (AP) — U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount. Retail sales rose just 0.2% in February, a small rebound after a sharp drop of 1.2% in January, […]
Political Kool-Aid
Depending on who’s in charge in Dee Cee, plans alternate on what is best for the U.S. economy. The choices are seemingly reduced to tax cuts versus government spending, but things are rarely as they seem. More accurately, these choices are two different sides of the same dollar — or trillions of dollars to be […]
