Economists and business leaders recently gathered to discuss the economic outlook for Greater Williamsburg. The conversation covered a range of topics, including the job market, housing trends, and the tourism industry. Inflation has been a major concern, with recent data showing a rise in prices.
Economists have been grappling with the challenge of predicting bubbles in financial markets. One recent study took a fresh approach by dividing the market into four regimes and assuming that volatility can change over time. This four-regime bubble model focuses on identifying the start, peak, colla
Economists are eagerly awaiting the October jobs report, but they're not sure what to expect. Two major hurricanes and several strikes might have thrown a wrench into the usual job numbers. It's so uncertain that some experts even think we might see a drop in jobs! These natural disasters and labor
