economy

For first time homebuyers it was one of the hardest years ever to afford a house. But homeowners saw tremendous gains in housing wealth.

The state collected $398.9 million more than expected in November.

Unemployment continues to slowly improve in Florida as the state gets closer to regaining the number of jobs lost when the COVID-19 pandemic caused business closures and layoffs last year.

The Biden administration has doubled duties on lumber imported from Canada. Critics argue it hurts the goal of affordable housing.

Hiring slowed sharply last month, even as the unemployment rate fell to 4.2%. Data from the Labor Department suggest the economy was losing steam even before the appearance of a new COVID-19 variant.

Cruise ships recently returned to Key West. The big ships once brought nearly a million people a year to the island. In late March of last year, the pandemic put a stop to cruising. Since then, even though the ships weren't calling, cruising has been a hot topic on the island.

One of the lessons from inflationary eras past is that voters are less interested in causal responsibility than in forcing a change. In other words, if you are in office now, you are holding the bag.

Delayed containers are a symptom of and contributor to global supply chain problems. But imagine a world without them.

The U.S. is dotted with more warehouses than ever. But they are overwhelmed by record-level imports, a lack of workers and a shopping spree of unprecedented proportions.

Forecasters think job growth accelerated last month after a slowdown in August and September, but millions of would-be workers are still on the sidelines, leaving the pace of the recovery in doubt.

The Fed left interest rates near zero on Wednesday but announced plans to start removing some of the support it has provided to the economy as inflation hits its highest point in 30 years.

The U.S. economy likely slowed sharply in the third quarter as the delta variant and persistent supply chain woes weighed on growth. The months ahead should be better.