Will Consumption Get Its Trump Bump? And Other Questions the Income Report May Answer.
April’s personal income and outlays report will be released Thursday. Economists predict steady gains in Americans’ income and spending, as well as slowed growth for the personal consumption expenditures index, a measure of inflation that jumped in March. Here are...
Protected: “It’s Really a Race”: Unions and Conservative Groups Battle to Recruit Public Sector Workers Ahead of Janus Decision
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Reports of Damage from Trump’s Solar Tariff could be Exaggerated
President Trump caused quite an uproar when he initially announced he would impose tariffs on solar modules and cells to spur domestic manufacturing this past January. The decision was met with much opposition, and many solar companies are filing for exemptions from...
Millennials May Be Responsible for the Slowdown in Consumer Spending
As millennials continue to shift away from shopping for merchandise and allot their disposable income to leisure, retail spending will increasingly lose its weight as an engine of economic growth, according to data and many economists.
After Decades of Decline, A Rising Share of American Moms Are Staying Home
Just a few years ago, Iris Gillian could not have pictured herself where she is today. In 2012, she graduated from the University of Maryland School of Law prepared to commit herself to a career championing workers’ rights as a labor and employment attorney. But this...
U.S. Trade Deficit Dropped Significantly in March
The trade deficit in goods and services decreased dramatically in March. The deficit level pulled back roughly to where it was in October of last year, and exports reached a record high. The goods deficit decreased, while the services surplus increased slightly....
The U.S. economy tightens as unemployment falls to historic 3.9 percent low
The unemployment rate dipped to 3.9 percent in April, the lowest level since 2000. For a record 91st straight month, the economy added more than 100,000 jobs. They are both signs that the U.S. is nearing full employment.
5 Things to Watch in the S&P CoreLogic Case-Shiller Home Price Index
National home prices, measured by the S&P CoreLogic Case-Shiller Home Price Index, will be released Tuesday morning. Economists forecast a 6.5% 12-month increase for the 20-city index. Data released tomorrow for February 2018 will indicate whether housing prices...
Five Things to Watch in the March Housing Starts Report
March’s housing starts report will be published Tuesday, and economist's predictions are focused on a modest gain in single-family starts concentrated regionally in the south and the west. Here are five things to look for in the report. A rough March or builders in...
Five Things to Watch in the Retail Sales Report
The U.S. Census Bureau releases its advance monthly retail sales report for March on Monday. Economists surveyed by Bloomberg are forecasting a 0.4 percent increase in the headline number, the first gain for a relatively unimpressive quarter. Here are five things to...