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ODU Economic Forecast: Major downside risk due to Congressional inaction on budget

ODU economists predict wage gains, dropping inflation and mortgage rates in 2024

Economic conditions are right for workers in Hampton Roads and across the country to continue making real gains in how much they earn, Old Dominion University economists said. When adjusted for inflation and seasonal patterns, U.S. average hourly wages increased 0.8% from December 2022 to December 2023, according to the Bureau of Labor Statistics. For those in production and nonsupervisory .

ODU releases economic forecast for 2024

ODU releases economic forecast for 2024
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