N.H. Economic News Roundup: Heading Into The Holiday Season
With the holiday season upon us, we look at the outlook for N.H. retailers, as some venture into online sales; meanwhile there's also something of a retail reversal underway -- as some mega online companies go brick-and-mortar. Also, as consumer debt reaches new highs, some worry another borrowing bubble could be in the cards. And: Is the Granite State economy going strong or getting weaker?
- Russ Thibeault - President of Applied Economic Research, and economic and real estate consulting service in NH.
- Jeff Feingold - Editor of New Hampshire Business Review.
- Brian Gottlob - Principal of PolEcon Research, an economic research firm based in New Hampshire.
Nov. 2017 Report by N.H. Employment Security.
NHBR report on N.H. retailers, some of whom have ventured into online sales, though they say downtown shopping is in many cases alive and well. Meanwhile, some are struggling to find workers.
You've heard of Cyber Monday. Read about Cider Monday, an effort by William Williams, owner of Toadstool Bookshops, to draw shoppers into brick-and-mortar stores and counteract the impact of online shopping.
The Associated Press reports strong retail sales in recent months, driven in party by consumers using modest gains in wages to continue buying. The Washington Post: Though Americans are feeling richer, they may not necessarily spend on gifts.
A retail reversal? The Atlantic reports that some major online companies are going offline -- setting up shop in buildings and shopping malls.
Meanwhile, NPR reports: Some worry Americans are borrowing too much.