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The Lagging Wave – Why U.S. Shoppers Haven’t Felt the Middle East Energy Fallout — Yet

The Lagging Wave – Why U.S. Shoppers Haven’t Felt the Middle East Energy Fallout — Yet

by chrissywang70 | Mar 31, 2026 | Featured, Uncategorized

Every week, two trucks pull up to Tony Liu’s loading dock, loaded with fresh produce, meat, and seafood.  Liu owns Grand Asia Market in Charlotte, N.C., as well as several local restaurants. Until a few weeks ago, he was paying about $2,000 a truck for his deliveries....
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...
Home Price Growth Hits 14-Year Low as Inflation Erodes Homeowner Wealth

Home Price Growth Hits 14-Year Low as Inflation Erodes Homeowner Wealth

by Grace Thomas | Mar 1, 2026 | Featured, Housing

Home price growth slowed to a crawl last year with the weakest gain since 2011, marking a historical reversal where inflation has outpaced home price appreciation and eroded the real wealth of American homeowners. The S&P Coality Case-Shiller Index released...
Winter Storms May Deepen Economic Chill After Retail Sales Stagnant in December

Winter Storms May Deepen Economic Chill After Retail Sales Stagnant in December

by chrissywang70 | Feb 28, 2026 | Featured, Retail

Retail sales growth remained stagnant in December, and economists say the downward trend will probably continue into January. Retail sales declined by approximately 0.02% in December from November, falling short of many economists’ expectations for modest...
U.S. personal income rises in December; inflation adjusted gains remain flat

U.S. personal income rises in December; inflation adjusted gains remain flat

by Lillian Syme | Feb 23, 2026 | Featured, Personal Income

Household income continued to grow in December, but rising prices limited how far paychecks went, the latest sign that consumers are proceeding cautiously. Personal income rose 0.3 percent in December, down from November’s 0.4 percent increase, but on par with...
The Workers Missing From America’s Housing Crisis

The Workers Missing From America’s Housing Crisis

by zhenjia.zhang | May 13, 2025 | Featured, Housing, immigrant

At 6 a.m. on a chilly April morning, Luis C, a 46-year-old migrant construction worker from Chile, was waiting for the path train to Journal Square in Jersey City to start work. Two years ago, he came to the U.S. with his wife and their 4-year-old daughter on a...
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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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