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Housing price growth reached 34-year peak in 2021

Housing price growth reached 34-year peak in 2021

by Molly Boigon | Feb 24, 2022 | Economy, Featured, Housing

Housing prices in the nation’s largest cities increased last year at the fastest pace in three decades, though rising mortgage rates could cool the red-hot market this year. National home prices rose by 18.8% from a year earlier, according to the S&P CoreLogic...

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...

Ex-Fed chairman Paul Volcker calls the U.S. government “creaky and contentious”

by Mariya Pylayev | Mar 22, 2012 | Economy

By Mariya Pylayev Economist and former Federal Reserve chairman Paul A. Volcker spoke about the dangers of excessive spending and the necessity to revamp America’s political system at The Cooper Union in Manhattan on Wednesday, March 21. He delivered the 11th Annual...

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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