by Anastasia Tomkin | May 24, 2024 | Employment, Featured, Retail
It is no secret that Black Americans are underrepresented as business owners. They make up about 12.4% of the US population, but Black business owners are only 2.4% of all employer-owned firms. And while Census data shows that the number of Black-owned businesses in...
by Anastasia Tomkin | Apr 26, 2024 | Personal Income
Economists aren’t the only ones anticipating tomorrow’s Personal Income Expenditure Report. The hopes of investors and everyday people are hinging on a continued slow and steady progression of income across America. Disposable personal income increased .2% last month...
by Anastasia Tomkin | Apr 18, 2024 | Personal Income, Uncategorized
This past month, American consumers increased their spending at the fastest rate since January 2023.Consumer spending rose 0.8% in February, the Bureau of Economic Analysis said Friday. Personal incomes rose at a monthly rate of .3%, which may have given consumers the...
by Anastasia Tomkin | Apr 1, 2024 | Featured, Housing, Personal Income, Uncategorized
Jay, a tech executive from Virginia Beach, had simple criteria for where he wanted to live: somewhere with a solid tech presence, decent weather and spacious, reasonably-priced housing. He was stunned by the high cost of homes in places like Seattle and San Francisco....
by Anastasia Tomkin | Mar 14, 2024 | Personal Income, Uncategorized
Consumer spending slowed in January from a very high rate in December, and inflation cooled less than economists had hoped.Personal income increased 1% in January, the Bureau of Economic Analysis said Thursday. But despite such a big gain, Americans spent just 0.2%...
