Producer Price Index Up, Consumer Prices Pre-Cursor
The Producer Price Index surged last month, meaning higher prices could impact your pocketbook, according to a local economics expert. The Producer Price Index is used to measure price changes before they reach consumers. Wholesale inflation saw a 0.9 percent rise in July. Tennessee Tech Dean of the College of Business, Dr. Tom Payne said […]
China Tariff Retaliation Could Continue Economic Uncertainty
A Tennessee Tech economics expert said China’s tariff retaliation has brought a lot of uncertainty to the US economy. Business Dean Dr. Thomas Payne said the volatility in the stock exchange is a result of the policies. Payne said the uncertainty in the economy may hang around until a new trade deal with China is […]
UT Expert: UC Economy Attracted Target & Home Depot
A University of Tennessee retail expert said Cookeville’s economy likely attracted Home Depot and Target to the Upper Cumberland. University of Tennessee Boyd Center Business and Economic Research Director Don Bruce said it is uncommon right now to see major retailers constructing new locations as many retailers nationwide are reducing locations. Bruce said major retailers […]
Tech Professor: Inflation, Decisions Part Of Shaky Economy
A Tennessee Tech Finance Professor said the national economy is dealing with a lot of uncertainty right now. Dean of the College of Business Dr. Tom Payne said combining that concern about federal decisions with inflation makes things seem a bit shaky. Payne said inflation is currently at three percent and is a big reason […]
