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The Federal Minimum Wage Goes Unchanged, and an Underrepresented Group is Paying the Price

The Federal Minimum Wage Goes Unchanged, and an Underrepresented Group is Paying the Price

by Angela Palumbo | Apr 12, 2021 | Economy, Featured, Jobs, Personal Income

Angela Greene worked with a mobile cleaning crew at a sheltered workshop in South Carolina for 21 years. She worked Monday to Friday every week and made no more than $3.00 an hour.  Her hard work never earned her the full federal minimum wage, all because she has an...
Personal Income Dropped in February, but Economists aren’t Surprised or Concerned

Personal Income Dropped in February, but Economists aren’t Surprised or Concerned

by Angela Palumbo | Mar 29, 2021 | Economy, Featured, Jobs, Personal Income

Personal income went back down in February, due to a decrease in government aid. Consumer spending also went down for the same reasons, as well as extreme weather conditions in Texas. Personal income fell 7.1 percent in February and consumer spending fell 1.0 percent,...
Personal Income Jumps Exponentially in January 2021 – A Sign of Economic Improvement

Personal Income Jumps Exponentially in January 2021 – A Sign of Economic Improvement

by Angela Palumbo | Feb 28, 2021 | Economy, Featured, Personal Income

Personal income had its biggest increase since April last month, the result of government aid in the form of stimulus checks going out to millions of Americans, continued unemployment benefits and other pandemic response programs. Personal income rose 10 percent in...

5 Things To Watch For In March’s Personal Income & Outlays Report

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...
Consumer Spending Barely Recovers From December’s Plunge, Signaling an Economic Slowdown in 2019

Consumer Spending Barely Recovers From December’s Plunge, Signaling an Economic Slowdown in 2019

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...
Consumer Spending Sees Biggest Decline Since 2009

Consumer Spending Sees Biggest Decline Since 2009

by Nikitha Sattiraju Rao | Mar 9, 2019 | Economy, Featured, Personal Income

Consumer spending saw its biggest decline in nine years in December and personal income dipped for the first time in three years in January, signaling an economic slowdown going into 2019. Consumer spending dropped by 0.5 percent during the holiday season in December,...
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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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