Today’s Under the Hood Spotlight
Today’s Under the Hood Article Summary:
Since 2020 Napa County has seen a rise in business establishments without a corresponding increase in its civilian labor force, leading to fewer workers per business and lower real income per worker. At the same time, housing costs have continued to climb, reducing affordability and squeezing household budgets. This economic strain mirrors some pre–Great Recession dynamics but with different underlying causes, such as higher interest rates, tighter credit and constrained housing supply.…