5 Things to Watch For in March’s International Trade Report

The March international trade report is expected to deliver news of another record-breaking trade deficit. The U.S. is importing and exporting more, a sign that the economy is finding its legs as it recovers from the pandemic-induced recession. The trade gap is...

5 Things To Watch For In March’s Personal Income and Spending Report

The March report on personal income and spending — an important indicator of Americans’ financial security and consumer confidence in the economy — is expected to signal turbocharged spending and stockpiles of wealth because of additional federal stimulus, easing...

Five Things to Watch for in March’s Durable Goods Orders Report

The Commerce Department will release the advanced durable goods report on Monday. Economists expect a positive report after February's slight decline, the first decline in nine months. With high vaccination rates in March, the report should signal an ever-fast-growing...

How Small Craft Retailers Are Navigating the Choppy Waters of Recovery

Aria Velasquez · How small craft retailers are navigating the choppy waters of recovery - Dismal Science ARIA VELASQUEZ: Kelly Straub had high hopes for her business, Shirsty Cat Designs, at the beginning of last year. The independent yarn dyer from Montgomery County,...

February trade gap largest on record, a sign of the US wobbling back towards normalcy

The U.S. trade deficit hit a record high in February, the result of increased consumer spending during the recovery from the COVID-19 pandemic and the corresponding economic crisis. Imports and exports both fell in February, resulting in a trade gap of $71.1 billion,...

Five Things to Watch For in March’s Advance Retail Sales Report

The Commerce Department will release the advance retail sales report for March on April 15 at 8:30 am ET. Economists expect strong gains to persist, a signal the recovery is gaining steam as vaccine rollout accelerates and restrictions ease. Here are five things to...

January home prices hit a record high, not seen in 15 years

Home prices continued to increase in January, indicating the pandemic housing boom continued into the new year because of the shrinking inventory of homes for sale and low mortgage rates.   Nationally, home prices in January rose 11.2% from a year earlier, the highest...

Small Business Owners Could Make Lasting Changes

When the pandemic hit and Cindy Lopez had to shut down the 48-year-old bakery and restaurant she runs with her husband in Milwaukee, she worried she would have to close their business for good.  She fell behind on rent. She cut employees’ pay. She faced anxiety...

RV Retail Sales Are Breaking Records Despite Manufacturing Delays

Jennifer Peters was looking for another quarantine project and a bit of an escape at the start of the year. When the offer to buy a NASCAR-sticker-covered 2001 Damon Daybreak RV fell into her lap in February, she and her husband jumped on the opportunity. “My kids are...

The March Jobs Report May Signal a Post-Covid Boom

A year after the pandemic devastated the job market, federal data to be released next Friday will likely show a labor market that’s beginning to claw its way out of a coronavirus recession hole. Economists expect the jobs report to show significant growth for March,...
Five things to watch in February Case-Shiller Report

Five things to watch in February Case-Shiller Report

Home prices likely continued to increase in February because of low interest rates and tight housing inventory. Some economists estimate that tomorrow’s release of the S&P CoreLogic Case-Shiller U.S. National Home Price Index will likely show that home prices rose...