Record gas prices are pushing up everyday costs, dampening economic recovery
Economists say the one-two punch of rising prices and the intensifying geopolitical crisis could put the brakes on the rapid rebound.
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Economists say the one-two punch of rising prices and the intensifying geopolitical crisis could put the brakes on the rapid rebound.
With fuel prices “going through the roof,” companies are having to charge more for their products. “What choice do we have? I’ve never seen prices jump this high, this fast,” said the vice president of a Rochester, N.Y., trucking company that has seen its monthly diesel costs nearly double to about $400K.
Some 4.3 million Americans quit or changed jobs in January, edging down a bit compared to December but still record high territory in yet another sign that workers continue to have the upper hand in a tight labor market.
Asheville ranks 4th in a recent realtor.com analysis of top cities job seekers are rapidly moving to.
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