by William Johnson | May 21, 2020 | Economy, Featured
When New York State closed all non-essential work spaces in response to the COVID-19 pandemic, Chris Fitts, like millions of other workers, was forced to start working from home. Unlike the estimated 30 plus million people who lost their jobs over the last two months,...
by William Johnson | May 11, 2020 | Economy, Featured
An avalanche of job losses swept the nation in April, in the most vivid portrait yet of an historically battered labor market.The unemployment rate shot up to a record 14.7 percent, the Department of Labor said Friday in its monthly employment report, a one month...
by William Johnson | Apr 23, 2020 | Economy
With thousands of factories shuttered and transportation mostly ground to a halt, Friday’s Census Bureau monthly durable goods report will be a snapshot of a market in free fall. Here are some things to look out for.A Decrease in Orders Could be Steep....
by William Johnson | Apr 2, 2020 | Economy
For over three years, Texas has seen a surge in manufacturing productivity. For Pennsylvania, it has been more of the same. Since President Trump’s election in 2016 a trend has emerged: large manufacturing increases for reliable red states, and mostly stagnation for...
by William Johnson | Mar 27, 2020 | Economy
February saw a modest increase in orders for most durable goods, but a devastating COVID-19 related correction appears to be right around the corner. The Census Bureau’s monthly durable goods report shows that orders for transportation equipment fueled the...
