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Five Things To Know For Thursday’s Retail Sales Report

Five Things To Know For Thursday’s Retail Sales Report

by Brianna Monsanto | Apr 13, 2022 | Retail Sales

On Thursday, the U.S Census Bureau will release their monthly retail sales report, a thorough examination of consumer demand for retail goods and fast food services. Economists surveyed by Bloomberg anticipate a 0.6% increase in sales for the month of March.  ...
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...

Retail Sales Soar in January Despite ‘Training Wheels’ Coming Off of the Economy

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...
Five Things to Gauge in the April Durable Goods Report

Five Things to Gauge in the April Durable Goods Report

by Natalie Peart | May 26, 2021 | Economy

The April durable goods report will be released Thursday morning at 8:30 a.m. amid labor shortages and production bottlenecks. While new orders were up in the March report by 1.1. percent, some economists wonder if businesses can meet the strong demand from consumers....
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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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