Recession

State: $677M surplus projected for 2024, but recession looms

Betsy PriceGovernment, Headlines

Delaware economic experts on Monday predicted a budget surplus of $667.1 million for fiscal year 2024, but warned the state is likely already in a recession that could affect that forecast. During the meeting of the Delaware Economic and Financial Advisory Council, revenue officials said they expected announcements that a recession either started last week or will this week. The …

Thanksgiving Food Drives a bus driving down a city street

Food Bank, DART kick off Thanksgiving food drives

Betsy PriceCulture, Headlines

With 45 days to go, two of Delaware’s biggest Thanksgiving food drives have kicked off. The Food Bank of Delaware and DART’s Stuff the Bus announced the details of their drives Monday. The Food Bank said it expects demand for Thanksgiving food to be high this year because of the costs of inflation and threats of recession. “More than 100,000 …