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Watch for high retail sales in March as restaurants rebound and gas prices soar

Watch for high retail sales in March as restaurants rebound and gas prices soar

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...
Inflation Crawled Up in February But Deflation Will Come After The Coronavirus.

Inflation Crawled Up in February But Deflation Will Come After The Coronavirus.

by Minji Koo | Mar 14, 2020 | Consumer Price Index, Economy

Inflation crept up in February but could begin falling with the continued drop of oil prices following the COVID-19 outbreak.  The Bureau of Labor Statistics reported on Wednesday that the Consumer Price Index, which measures how much consumers pay for food, housing,...
Personal Income Increases, as Purchasing Power Weakens

Personal Income Increases, as Purchasing Power Weakens

by Teddy Grant | Apr 5, 2017 | Economy, Newest, Personal Income

Personal income increased in February, a few weeks after the Federal Reserve increased interest rates in a move indicating strength in the economy. The gain of 0.4 percent brought income to $57.7 billion this month, according to the Bureau of Economic Analysis. This...

Modest growth is likely in store for March retail sales

by Mariya Pylayev | Apr 15, 2012 | Economy

B y Mariya Pylayev Retail sales likely experienced a modest increase in March, following suit with recent slower-than-expected job growth. Retail sales are predicted to rise 0.3 percent, according to a Bloomberg survey of 71 economists. The forecast follows a 1.1...

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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