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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 Sonya Swink | 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,...
A Tale of Two Retail Sectors: COVID-19 Makes Stores Halt while Warehouses Struggle to Keep Up with Sales

A Tale of Two Retail Sectors: COVID-19 Makes Stores Halt while Warehouses Struggle to Keep Up with Sales

by Sonya Swink | Apr 15, 2020 | Featured, Retail, Uncategorized

“Working in e-commerce, it seemed like it was a better job.” Tyler Hamilton quit his construction job to pack boxes at Amazon’s warehouse near Minneapolis a couple years ago. Since coronavirus, the 23-year-old got a small pay bump but works endless overtime, with one...
Five Things to Watch for in Wednesday’s Retail Sales Report

Five Things to Watch for in Wednesday’s Retail Sales Report

by Sonya Swink | Apr 15, 2020 | Featured, Retail, Uncategorized

  On Wednesday, April 15th, the Commerce Department will release the advanced retail sales report, a measure of how many goods and services in the sector were sold in March. This key indicator of the state of the economy will be released at 8:30 am. Here are five...
Retail Sales in February Showed First Signs of Slowing due to Covid-19

Retail Sales in February Showed First Signs of Slowing due to Covid-19

by Sonya Swink | Mar 20, 2020 | Featured, Retail

In another sign that coronavirus disrupted consumer spending, February’s numbers show initial slipping in retail sales downward after a slight tick up in January. Down 0.5%, numbers released from the Commerce Department show how American shoppers frequented department...
Retail Sales Were Slightly Up in January, But Store Sales Slowed

Retail Sales Were Slightly Up in January, But Store Sales Slowed

by Sonya Swink | Feb 23, 2020 | Featured, Uncategorized

U.S. retail sales picked up slightly in January, boosted by warm weather and cheaper gas prices. But apparel and department store sales kept slowing, a sign that consumers may not be able to maintain economic growth. Overall, seasonally-adjusted retail sales rose 0.3%...

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