WASHINGTON — America’s job market is booming and the economy is strong, but that combination is not raising prices the way it used to.
Biscuit Head, a North Carolina restaurant chain serving up gravy flights and homemade jam, would be charging more if the previous economic relationships held up. At 3.3 percent, unemployment in Asheville, N.C., home to three of Biscuit Head’s four locations, clocks in below the national average, and business is brisk. The owners, Carolyn and Jason Roy, have been lifting wages and offering new benefits as they seek to attract and retain staff.
