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Dining out in Vegas becomes a tale of two consumers

by Lillian Syme | May 19, 2026 | Uncategorized

Sam Marvin has spent the past year caught between losing profits and losing customers.  He says his food costs have climbed 32% and his margins have fallen to roughly 4% at his restaurant, Echo & Rig, a midpriced steakhouse and butcher shop located off the Strip...

U.S. hiring remains steady, but economists warn cracks are forming beneath the surface

by Lillian Syme | May 12, 2026 | Employment

The labor market showed surprising signs of resilience in April, revealing an economy that is trudging along in the face of growing uncertainty.  The Bureau of Labor Statistics reported that on Friday employers added 115,000 new jobs in April, around double what...

Five things to watch for in tomorrow’s personal income report

by Lillian Syme | Apr 8, 2026 | Personal Income

Personal income likely rose again in February, but did little to strengthen purchasing power after inflation, according to economist estimates ahead of Thursday’s Personal Income and Outlays report from the U.S. Bureau of Economic Analysis. This release will show...
Trade War Leaves U.S. Almond Growers With Lower Prices and Fewer Profits

Trade War Leaves U.S. Almond Growers With Lower Prices and Fewer Profits

by Lillian Syme | Apr 1, 2026 | Featured

Christine Gemperle always knew almond farming came with risks. There are a lot of overhead costs. Land, water, and labor are not easy to come by in California, nor are they cheap. Trees can take several years to reach full production and can’t be scaled back when...
Rising income fails to deliver strong spending gains in January

Rising income fails to deliver strong spending gains in January

by Lillian Syme | Mar 15, 2026 | Featured, Personal Income

  Households continued to earn and spend in January, but at a pace that just barely kept up with inflation, showing early signs of hesitation in consumer demand.  January’s personal income data, released by the Bureau of Economic Analysis, showed income rising...
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  • Dining out in Vegas becomes a tale of two consumers
  • Five Things to Watch for Thursday’s Retail Sales Report

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About Us

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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