Economy Archives

Federal Reserve increases interest rates by 0.75% could benefit the housing market

June 15, 2022 7:09 PM Marina Diaz

COLUMBIA, Mo. (KMIZ) The Federal Reserve made the largest interest rate increase since 1994 on Wednesday. The increase comes as a response to the record-high inflation rates. The Consumer Price Index reported that inflation increased to 8.6% in May, and CPI reported that Shelter has risen by 0.6% putting it at 5.5%. Joe Haslag, a

QUESTION OF THE DAY: Does a bear market worry you?

June 14, 2022 11:48 PM ABC 17 News Team

A bear market is a decline of 20% or more from recent highs.

Another store shelf left empty; the national tampon shortage and its impact on local non-profits

June 13, 2022 12:18 PM Sarah Higgins

Women in America are again seeing empty shelves for a product that many need on a regular basis … tampons.

Gas prices hit record highs nationally and statewide

June 11, 2022 4:26 PM Hannah Falcon

as prices continue to set records as they climb higher and higher across the nation.

Columbia transportation providers and residents looking for ways to save on gas

June 10, 2022 6:22 PM Kennedy Miller

Gas and diesel prices continue to rise across the country, with every state averaging a minimum of $4 a gallon as of mid-May.

Nationwide gas prices continuing to hit budgets hard

June 9, 2022 11:52 AM Kennedy Miller

Gas prices are continuing to rise across the country, with every state averaging a minimum of $4 a gallon as of mid-May.

QUESTION OF THE DAY: Will gas prices exceed $5 by July 4?

June 9, 2022 2:24 AM ABC 17 News Team

The rise in gas prices has accelerated and shows no sign of stopping.

QUESTION OF THE DAY: Are high gas prices changing your vacation plans?

June 5, 2022 11:36 PM ABC 17 News Team

Gas prices just keep climbing.

Central Missouri hospitals struggle to fill nursing positions

May 27, 2022 12:34 PM Hannah Falcon

Some of the largest employers in Central Missouri are hospitals. But even with that large presence, retaining healthcare workers is increasingly difficult for hospitals, according to a new report.

QUESTION OF THE DAY: Are you worried that a recession is looming?

May 24, 2022 2:13 AM ABC 17 News Team

Experts are sounding alarms that the U.S. economy and perhaps much of the globe could be headed toward a recession.

Columbia’s economy supported by tourism when college students leave

May 23, 2022 6:42 PM Leila Mitchell

In just a few weeks, Art in the Park will return for the first time since before the pandemic. In July, Columbia hosts the Show-Me State Games followed by other sporting events and festivals like Summerfest.

Experts warn of recession risks as home sales, construction show signs of slowing

May 23, 2022 11:59 AM Kennedy Miller

Soaring inflation and rising interests have experts concerned about recession risks coming our way.

Columbia businesses excited and prepared for an event-filled weekend

May 20, 2022 4:19 PM Kennedy Miller

Several businesses are excited to see the Special Olympics make its way to the city, students graduate from Columbia Public Schools and fans attending regionals for Mizzou softball.