by Karishma Vanjani | May 15, 2019 | Economy, Jobs, Retail Sales
Karina Sanchez, a cashier at a Payless ShoeSource store in midtown Manhattan, is looking forward to her upcoming family vacation, even though next month she will effectively be unemployed. Payless, like many other retailers this year, is closing all its 2,500,...
by Karishma Vanjani | Apr 1, 2019 | Autos, Economy, Retail Sales
Ruben Rajan, bought his first used car a year before recession and before he enrolled in a private college. Fast-forward to six years later and Rajan graduated with over $80,000 dollars in student debt — and a degree that didn’t even fetch him a well paying job...
by Karishma Vanjani | Mar 31, 2019 | Economy
On Monday, the Commerce Department will publish its numbers for all the retail goods and services sold in the month of February. This retail sales report has been delayed due to the government shutdown. Here are five things to watch out for when the numbers come out....
by Karishma Vanjani | Mar 25, 2019 | Economy, Featured, Retail Sales
Retail sales stabilized in January but didn’t rebound from the surprisingly low December numbers, signalling the economy is off to a sluggish start in the first quarter. Overall sales rose a seasonally adjusted 0.2% in January, pushed up by purchases made...
by Karishma Vanjani | Feb 25, 2019 | Economy, Retail Sales
Retail sales saw their sharpest decline in more than nine years in December, suggesting slower economic growth amid the government shutdown and stock market turmoil. Sales fell by 1.2 percent in the final month of the year, closing out the holiday season on a weak...
