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Hotels, Travel Businesses Treading Water Waiting for International Tourists

Hotels, Travel Businesses Treading Water Waiting for International Tourists

by David Westenhaver | May 23, 2022 | Economy, Featured, International Trade, Jobs, Newest

Robert Miller, the president and founder of Travel Advocates, was on pace for his best year ever when Covid hit. His business, which helps large groups book travel and accommodations throughout the country, earned two-thirds of its revenue from foreigners traveling to...
Five Things to Watch in the May International Trade Report

Five Things to Watch in the May International Trade Report

by David Westenhaver | May 3, 2022 | Economy, Featured, International Trade

The last two international trade reports have shown the US trade deficit holding at a record high. Tomorrow, the latest report will be released. Economists surveyed by Bloomberg expect the deficit to hit a new record, likely over $100 billion, compared with about $89...
Trade Deficit Remains Near Record as Americans Continue High Goods Spending

Trade Deficit Remains Near Record as Americans Continue High Goods Spending

by David Westenhaver | Apr 8, 2022 | Economy, International Trade

The US trade deficit remained at a near-record level in February, reinforcing the view that American consumers are faring better than their overseas counterparts despite continued bottlenecks at port cities throughout the country. The monthly trade deficit came in at...
Shipping Costs, Delays Are Squeezing Businesses — And There’s No End in Sight

Shipping Costs, Delays Are Squeezing Businesses — And There’s No End in Sight

by David Westenhaver | Apr 6, 2022 | Economy, Featured, International Trade

At least once a month, Bobby Garg, the president and CEO of SG Worldwide Inc., pays for a shipment of high-end whiskey and gin from India. A distillery in Uttar Pradesh makes the liquor. Dockworkers load the alcohol into a 20-foot crate, then place the crate on a ship...
Trade Deficit Grows as US Consumers Continue to Spend Big on Goods

Trade Deficit Grows as US Consumers Continue to Spend Big on Goods

by David Westenhaver | Mar 10, 2022 | Economy, International Trade

The U.S. trade ran its biggest deficit in history in January, a sign that American consumers are faring better than their overseas counterparts and continuing to purchase record numbers of goods. The total deficit, which measures the difference between U.S. exports...
International Trade Deficit Widens As American Consumer Demand Recovers from COVID-19

International Trade Deficit Widens As American Consumer Demand Recovers from COVID-19

by Cheyenne Ligon | Mar 8, 2021 | Economy, International Trade

By CHEYENNE LIGON The U.S. international trade deficit widened slightly in January as American demand for imports outpaced the recovery of U.S. exports.  The trade deficit climbed to $68.2 billion in January, up from $67 billion last December, according to the monthly...
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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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