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Will Consumption Get Its Trump Bump? And Other Questions the Income Report May Answer.

Will Consumption Get Its Trump Bump? And Other Questions the Income Report May Answer.

by Max Zahn | May 31, 2018 | Uncategorized

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

by Max Zahn | May 30, 2018 | Uncategorized

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Trump Tax Cuts Put More Money in Americans’ Pockets. They Stashed Rather Than Spent.

Trump Tax Cuts Put More Money in Americans’ Pockets. They Stashed Rather Than Spent.

by Max Zahn | Apr 6, 2018 | Personal Income

Americans stashed rather than spent their initial earnings boost from the recently passed Republican tax cuts, putting off the economic surge many onlookers expected. Consumer spending grew at a sluggish 0.2 percent pace in February, the first month companies adjusted...
Union Decline Is to Blame for Wage Stagnation, But Union Resurgence May Solve It

Union Decline Is to Blame for Wage Stagnation, But Union Resurgence May Solve It

by Max Zahn | Mar 30, 2018 | Employment

Shannon Johnson eats one meal per day, often consisting of a can of tuna and celery sticks. Her job in food service at Disneyland Resort, a set of hotels next to the theme park in Anaheim, California, pays an hourly wage of $11, the state minimum. When she leads a...
Trump Tax Cuts Spur Sharp Increase in Take-home Pay

Trump Tax Cuts Spur Sharp Increase in Take-home Pay

by Max Zahn | Mar 5, 2018 | Personal Income

The Trump tax cuts spurred a sharp increase in Americans’ take-home pay at the outset of 2018. After-tax income grew at a rate of 0.9 percent in January, the fastest growth of any month since December 2012, according to a report released by the Bureau of Economic...

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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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