by Carmen Reinicke | May 14, 2018 | Economy, Featured, Newest
A few years ago, Arlene Nieves, 34, was struggling to get by as the single mother of three young sons. Over half of the $300 a week she made working at Publix, a supermarket chain in Sarasota, Florida, went to paying for childcare. She received food stamps but still...
by Carmen Reinicke | Apr 15, 2018 | Economy, Retail Sales
On Monday, the United States Census Bureau will release the advance monthly retail sales report, which shows consumer spending on retail trade for the month of March. The median analyst expectation is a 0.4 percent increase in consumer spending, to round out the first...
by Carmen Reinicke | Mar 28, 2018 | Economy
When Kamaria Mion got her job as a customer service associate at Quip, a subscription toothbrush startup, she was excited. The job paid a salary of $40,000 a year plus a bonus, a step up from the $13 an hour she had been making at another startup. In addition, the...
by Carmen Reinicke | Mar 19, 2018 | Economy
Retail sales fell for the second month in a row in February, signaling that consumer spending is slowing down in 2018. Retail sales declined a slight 0.1 percent in February, according to data released today by the United States Census Bureau. The report also revised...
by Carmen Reinicke | Feb 19, 2018 | Economy, Newest
Retail sales declined in January, failing to meet analysts’ expectations that growth would hold steady going into 2018 and signaling more cautious consumer spending. The monthly report from the U.S. Census bureau showed a 0.3 percent decrease in retail sales from...