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....
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 Natalie Peart | Apr 18, 2021 | Economy
In the early days of the pandemic, business slow downs or closures meant less revenue or none at all. For Craig Forester, it meant a surprise increase in sales. Forester is the Operations Manager of Rex Lumber Company, a third generation hardwood and tropical lumber...
by Olivia Morley | Apr 10, 2021 | Economy, Featured, Newest, Retail Sales
Last year, gourmet cheese and specialty foods shop Formaggio Kitchen shut down in-store shopping at its Cambridge, Massachusetts location for almost two months. It swiftly lost its catering and restaurant accounts as its business clients shuttered. But unlike many...
by Olivia Morley | Feb 22, 2021 | Economy, Featured, Retail Sales
Retail sales rose significantly in January, a sharp departure from a three-month decline and a promising sign that the economy is rebounding. Sales increased by 5.3 percent, indicating a rise in consumer spending that far surpassed the average 1.18 percent increase...
