by Nikitha Sattiraju Rao | May 27, 2019 | Economy, Featured
Photo Credit: Farmartin/Wikimedia Commons The average age of American farmers is rising with not enough young farmers to replace them once they retire, indicating trouble for the future of American farming. Farms could further consolidate, threatening the existence of...
by Nikitha Sattiraju Rao | May 7, 2019 | Economy, Featured, Jobs
The jobs market soared in April and the unemployment rate fell to its lowest level in 50 years, indicating robust U.S. economic growth and giving President Trump ammunition for the 2020 presidential campaign. Employers shrugged off months of concerns of a slowing...
by Nikitha Sattiraju Rao | Apr 29, 2019 | Economy, Personal Income
The United States Bureau of Economic Analysis (BEA) will release its monthly data for March on consumer spending – the biggest part of the country’s economy – on Monday. The report will include both income and spending numbers for a month for the...
by Nikitha Sattiraju Rao | Mar 31, 2019 | Economy, Featured, Personal Income
Consumer spending barely increased in January while personal income made a modest recovery in February, indicating a continued slowdown of the economy in 2019. Consumer spending, which accounts for two-thirds of the country’s economic activity, rose by just 0.1...
by Nikitha Sattiraju Rao | Mar 28, 2019 | Economy, Featured
After years of struggling to make a profit, Brent Cornett, a 7th generation tobacco farmer in Kentucky, decided to abandon the crop three years ago. He went from planting 120 acres of tobacco in 2016 to zero acres this year, completely replacing it with newly...
