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5 Things to Watch for in April’s Durable Goods Report

by Camille Smith | Jun 1, 2018 | Uncategorized

5 Things to Watch for in April’s Durable Goods Report The U.S. Commerce Department is scheduled to release its monthly durable goods report on Friday. The report will cover business investment data derived from April. Over the past few months, prior reports have shown...

For-Profit Colleges in New York Crush Students with Debt and Low Wage Careers

by Camille Smith | Jun 1, 2018 | Uncategorized

In the U.S., earning a postsecondary degree can be perceived as a way to earn more money and have a sustainable career. Students often make their decision on which college to attend based on which program will provide them with the best educational boost. This was the...

Durable Goods Report Rise at Fastest Pace Since Last Year

by Camille Smith | Apr 5, 2018 | Uncategorized

Durable goods orders rose in February following January’s decline, signaling that firms are starting to invest in equipment. Orders jumped  3.1 percent in February, according to the U.S. Census Bureau. Orders for nondefense capital goods excluding aircraft, jumped 1.8...

New York City Taxi Drivers Fear Driverless Cars Could Drive Away Business

by Camille Smith | Apr 4, 2018 | Uncategorized

Frandy Estez has been teaching at Queens Knowledge Seekers Taxi School the same for about seven years. He said it’s a great alternative to driving a taxi. “It gives me more security,” said Estez, who moved to New York City from Puerto Rico about 15 years ago....

Big surprise in durable goods report as new orders has a 3.7% decline in January

by Camille Smith | Mar 7, 2018 | Uncategorized

Durable goods orders saw the biggest decline in January since July 2017, which means many businesses are not spending as much this year on equipment as they did last year. According to the Commerce Department, orders for durable goods, meaning items that last more...

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Welcome to Dismal Science, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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