by Malique Morris | May 20, 2020 | Economy, Featured
Meg Kinney was already producing most of her garments in the U.S. when factories in China closed because of the novel coronavirus. She was quickly able to reallocate products she was going to manufacture there back to her trusted factories in New York City. And then...
by Malique Morris | Apr 14, 2020 | Economy
The Census Bureau will release their monthly retail trade report on Wednesday, the first for the sector since nonessential businesses were shutdown nationwide. Sales for March are projected to show a steep decline, but the decrease could be a mere warning of what’s to...
by Malique Morris | Apr 6, 2020 | Economy, Featured
When the coronavirus outbreak became a pandemic, state governments throughout the U.S started shutting down non-essential businesses. Lucky for Ramon Cumberbatch hardware stores were not among the vulnerable. As the store manager of Hero Ace Hardware in downtown...
by Malique Morris | Mar 19, 2020 | Economy
Retail sales shrank in February, signaling the start of a downward trend as the impact of the coronavirus pandemic unleashes on the U.S. economy. Sales dropped by 0.5% from January, but increased by 4.3% from 2019, the Census Bureau said today. But economists say...
by Malique Morris | Feb 25, 2020 | Economy, Retail Sales
Retail sales grew at a modest pace in January, as an increase in spending on building materials was offset by weak growth in online sales, signaling more caution among consumers in the new year. Sales rose by 0.3% from December, and were up 4.4% from a year earlier,...
