Stocks are up, unemployment is down – so why is a leading NC economist raising a red flag? - The Mexico Ledger

Stocks are up, unemployment is down – so why is a leading NC economist raising a red flag? - The Mexico Ledger

From groceries to gas to travel plans, a new Catawba College–YouGov Survey finds that 72% of North Carolinians say rising prices have caused them to cut back on purchases. (Photo: USDA) The Dow Jones Industrial Average topped 53,000 for the first time this week, a milestone celebrated by Wall Street investors. But a leading Kenan-Flagler Business School economist says a closer look at the latest economic data shows a clear disconnect in how many…