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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Mar 17, 2023
Page
8
The Fed monthly update on industrial production is due, with focus on manufacturing energy and mining sectors. Economists expect a 0.4 percent rise in February after a flat January, signaling the first uptick after prior stagnation or declines amid high inflation and recession worries.
The University of Michigan will publish Marchs consumer sentiment index showing how inflation and higher prices weigh on spending plans. The preliminary reading may match February, with inflation expectations for the coming year also updated. Economists forecast a continued but slower weakening in the economy. The Conference Board leading economic indicators are expected to fall 0.2 percent in February after a 0.3 percent drop in January.
A public figure reflects on living with constant anxiety about staying in the state. The remark captures fear of displacement and the pressure to decide whether to stay or leave. The quote highlights a broader climate of uncertainty influencing residents.
Stocks climbed with the S&P 500 up 1.8 percent as major banks proposed support or a possible sale for First Republic Bank. The Dow and Nasdaq rose while Treasuries yielded higher, signaling growing investor confidence. Adobe Five Below and other firms posted stronger results, lifting market sentiment.
City official notes detection limits have improved since 2013 and current testing costs are a $5,000 one time investment for four tests annually. If EPA rules pass, testing becomes annual and any PFAS removals could require costly equipment upgrades, with final costs unknown. Officials caution rate hikes may follow nationwide if standards finalize.
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