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Specialty foods rise above the pandemic, buoyed by consumer interest

Specialty foods rise above the pandemic, buoyed by consumer interest

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...
Falling retail sales signal slower rebound, reliant on stimulus checks

Falling retail sales signal slower rebound, reliant on stimulus checks

by Olivia Morley | Mar 19, 2021 | Economy, Featured, Retail Sales

Retail sales declined in February as consumers pulled back after a stimulus-fueled splurge in January and as freezing temperatures plagued Texas and other Southern states. Sales declined 3 percent, a larger decrease than expected and a stark contrast to January’s 7.6...
Retail sales rose in January, fueled by $600 stimulus checks

Retail sales rose in January, fueled by $600 stimulus checks

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...
January retail sales see gain but not enough; December revised sharply down

January retail sales see gain but not enough; December revised sharply down

by Karishma Vanjani | Mar 25, 2019 | Economy, Featured, Retail Sales

Retail sales stabilized in January but didn’t rebound from the surprisingly low December numbers, signalling the economy is off to a sluggish start in the first quarter.   Overall sales rose a seasonally adjusted 0.2% in January, pushed up by purchases made...
Retail Sales Suffer Unexpected Drop – Worst Figures in 9 Years

Retail Sales Suffer Unexpected Drop – Worst Figures in 9 Years

by Karishma Vanjani | Feb 25, 2019 | Economy, Retail Sales

Retail sales saw their sharpest decline in more than nine years in December, suggesting slower economic growth amid the government shutdown and stock market turmoil. Sales fell by 1.2 percent in the final month of the year, closing out the holiday season on a weak...
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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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