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New Car Sales, the Economic Tarot Card

New Car Sales, the Economic Tarot Card

by Rosemary Misdary | Apr 2, 2019 | Autos, Durable Goods, Economy

After four consecutive years of record-high vehicle sales, manufacturers will face a slump this year in new vehicle sales. Automakers are off to a rough start this year. January and February sales were down 2.6 percent, the lowest two-month sales since 2009. Sales...
Millennials – auto sectors most blamed generation – with low spending powers might be picking up pace

Millennials – auto sectors most blamed generation – with low spending powers might be picking up pace

by Karishma Vanjani | Apr 1, 2019 | Autos, Economy, Millennials, 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...
Five Things to Watch in This Month’s Consumer Price Index

Five Things to Watch in This Month’s Consumer Price Index

by Sharif Paget | Apr 11, 2018 | Autos, Consumer Price Index, Economy, Featured, Jobs, Newest

The Labor Department will release its consumer price index Wednesday, following a lackluster jobs report and the Federal Reserve’s decision to only raise interest rates three times this year. The median economist forecasts show CPI will be unchanged in March, which...
Ridesharing Drivers Feel the Weight of Rising Gas Prices

Ridesharing Drivers Feel the Weight of Rising Gas Prices

by Sharif Paget | Mar 27, 2018 | Autos, Consumer Price Index, Economy, Newest

Chris Leonardo started driving for ridesharing apps, such as Uber and Lyft, three years ago in San Fernando Valley, CA. Today, he pays almost twice as much to fill up his tank. But the ridesharing companies don’t reimburse him for gas, and the apps’ rates have...
Inflation Kept in Check in February

Inflation Kept in Check in February

by Sharif Paget | Mar 18, 2018 | Autos, Consumer Price Index, Economy, Jobs, Newest

Investors breathed a sigh of relief after February’s small increase in consumer prices were released, easing concerns over inflation and faster interest rate hikes by the Federal Reserve. The consumer price index rose by 0.2 percent, right in line with economist...
Autonomous Cars Are All Fun and Games…Until There’s an Accident, Hacking and Lawsuits

Autonomous Cars Are All Fun and Games…Until There’s an Accident, Hacking and Lawsuits

by Elizabeth Ramanand | May 30, 2017 | Autos, Featured, Newest

Freely roaming an open world, with fire arms, speeding down highways throughout the streets of New York might not fully be reality in city but it’s certainly the case in the video game Grand Theft Auto IV, which is being used to advance real life driverless cars....
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Welcome to Issue Number One

Welcome to Issue Number One, a site covering economic trends. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.
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