Local Business
Sunday, May 3, 2026 · Defuniak Springs
Pre-Tariff Import Frenzy Balloons U.S. Trade Deficit to Record $162B
Companies raced to stockpile goods ahead of President Trump's new tariffs, propelling the U.S. goods-trade deficit to a historic $162 billion in March 2025. Imports surged 5% to $342.7 billion, potentially dooming first-quarter GDP to contraction. As the 2026 Trade Policy Agenda ramps up protectionism, businesses brace for higher costs and shifting global chains.
Fed Cuts Rates as Economy Cools, Signals More Ahead
The Federal Reserve lowered interest rates by a quarter-point to 4-4.25% amid moderating growth and rising unemployment risks. Officials cited slowed job gains and elevated inflation but shifted focus to bolstering employment. Markets now eye further easing despite persistent price pressures.
Sunday, May 3, 2026
HWY 331 Businesses Share Stories of Resilience and Growth
Businesses along Highway 331 in Defuniak Springs continue to thrive, showcasing resilience and strong community ties as they serve local residents.
Sunday, May 3, 2026
Local Businesses Along Highway 331 Reflect Defuniak Springs' Growth and Community Spirit
Businesses along Highway 331 in Defuniak Springs continue to be a vital part of the community, reflecting local growth and providing essential services and employment.
Sunday, May 3, 2026