5 Things to Watch in the March Housing Starts Report

Housing starts have been strong this year and the monthly housing starts report released by The Census Bureau Tuesday at 8:30am should be no exception.  The Bloomberg consensus for March housing starts came in at seasonally adjusted annual rate of 1.25mln, down 3%...
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5 Things to Watch in the March Consumer Price Index

The Labor Department on Friday releases its Consumer Price Index, a measure of what Americans pay for everything from shoes to rent. The Federal Reserve considers this measure of inflation along with the Labor Department’s monthly jobs report in its decision on...
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Rental Market Drops Across All Major Cities in US

VanderBorgh Realty has been in business for 11 years in New York City, but founder and President Nicholas VanderBorgh has never had multiple two bedroom listings languish on the market for months at a time – until now. “Even the low end of the high end is sitting on...
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Five things to watch in the retail sales report

The Commerce Department issues its monthly retail sales report Friday and it should show that consumers kept their wallets closed in March, taking a breather from strong spending in previous months. Snow storms, delay in tax refunds and slow wage growth affected last...
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Egg Farmers Grapple with Consumers’ New Idea of Progress: A Return to the Past

Consumers ask egg farmers to return to pre-industrial practices

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Auto Sales Continue to Slip, Truck Sales Rise and Americans Struggle to Pay Their Car Loans

Auto sales dropped in March, well below market expectations, led by a decline in sales numbers of three large car companies, General Motors, Ford, and Fiat Chrysler. The boom of the auto industry might be weakening but truck sales continue to rise despite the auto...
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Political disparity among Americans bringing spending down

Tanya Tankou supported Donald Trump in the presidential election. The resident of Austin, Texas, and an owner of Credit Engineers, a credit repair company, says that whenever there is a Republican in office, her business improves. But besides a personal financial...
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U.S. Expected to add Jobs, as it Reaches Full Employment

The U.S. is expected to continue its record streak on job growth for March, as the economy barrels toward full employment and maintains a low unemployment rate. Economists believe that the U.S. economy will add around 200,000 jobs in March, signaling a strong economy...
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Personal Income Increases, as Purchasing Power Weakens

Personal income increased in February, a few weeks after the Federal Reserve increased interest rates in a move indicating strength in the economy. The gain of 0.4 percent brought income to $57.7 billion this month, according to the Bureau of Economic Analysis. This...
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The Missing Men: Political Focus on White Men Misses the Troubles of Black Men

After Donald Trump’s stunning defeat of Hillary Clinton on Election Day, many were quick to point to one voting bloc that helped hand him the keys to victory. Political pundits described them as angry; and some referred to them as abandoned. It’s the white working...
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Five Things to Watch in the March Retail Sales Report

The United States Census Bureau releases its monthly snapshot on retail sales for March Wednesday. Economists polled by Bloomberg expect a 0.1 percent increase in retail sales overall, and anticipate a more substantial increase when automobile sales are excluded. Here...

Consumer Spending Rises .5% in January

By: Jade R. Gardener @JustSoJadedInc   The release of the most recent economic data presents a favorable outlook for the United States economy. After a favorable rise in both December and November the most recent personal income data signifies a strengthening in the...

Welcome to Issue Number One

Welcome to Issue Number One, a site covering economic trends. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.