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Two States Doing Badly and Two Doing Better Show the Economic Disparity of Coronavirus

Two States Doing Badly and Two Doing Better Show the Economic Disparity of Coronavirus

by Korey Matthews | May 25, 2020 | Employment, Personal Income

Two States Doing Badly and Two Doing Better Show the Economic Disparity of Coronavirus By Korey Mathews and Sonya Swink Every state in the US is facing its worst economic downturn since the Great Depression, with payrolls going down and unemployment going up in April,...
Five Things to Watch in March’s Personal Income & Outlays Report

Five Things to Watch in March’s Personal Income & Outlays Report

by Korey Matthews | Apr 30, 2020 | Uncategorized

The U.S. Department of Commerce will release it’s personal income and outlays report tomorrow at 8:30 am. The indicator serves as a measure of wage growth and consumer spending. Tomorrow’s report comes on the heels of numbers released by the Commerce Department...
After recovering well from 2008 recession, Arizona could see a quick reversal of fortunes in wake of coronavirus

After recovering well from 2008 recession, Arizona could see a quick reversal of fortunes in wake of coronavirus

by Korey Matthews | Apr 9, 2020 | Employment, Featured

As the coronavirus crisis continues in the United States, Arizona, like most states, is facing a frightening economic outlook.  The social distancing measures put in place by federal and local governments have hurt businesses in the state, forcing some to even lay off...
U.S. consumer spending and personal income were steady in February before virus’ impact

U.S. consumer spending and personal income were steady in February before virus’ impact

by Korey Matthews | Mar 31, 2020 | Uncategorized

U.S. consumer spending and personal income remained steady in February, another sign that the economy was holding firm before the country was gripped by the coronavirus pandemic. Personal-consumption expenditures, a measure of household spending, rose 0.2%, a repeat...
Income edges up to start year as coronavirus effects remain uncertain

Income edges up to start year as coronavirus effects remain uncertain

by Korey Matthews | Mar 3, 2020 | Featured

Incomes rose and spending slowed in the United States to start the year, suggesting that consumers were saving money even before the coronavirus began to spread globally. Personal income rose 0.6% in January, its largest jump since February of 2019, according to data...

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