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...
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...
by Brianna Monsanto | Feb 23, 2022 | Economy, Featured, Retail Sales
The Omicron variant made its rounds across the country in January, causing a number of employee shortages and shortened shopping hours. Yet, consumers continued to spend. Retail sales rose 3.8% in January from December, a bigger gain than economists expected. Sales...
by Olivia Morley | May 19, 2021 | Economy, Featured, Retail Sales
The last few weeks have been busy for Eleni Tziouvaras, who owns Goleta, California-based E Salon. Tziouvaras’ business contracted at the beginning of the pandemic, slashing her income by 90 percent to $15,000 in 2020. Now, with restrictions on businesses being lifted...
by Olivia Morley | Apr 14, 2021 | Economy, Featured, Newest, Retail Sales
The Census Bureau will release the advance monthly retail sales report for April on Thursday. The report shows how much consumers spent on retail trade in the previous month – an important indicator of economic health. Economists surveyed by Bloomberg expect sales...
