by Quinn Waller | May 10, 2025 | Inflation, Personal Income, Retail
At Cobblestone Quality Shoe Repair in St. Louis, third-generation cobbler Randy Lipson is seeing more business than usual. With many shoes made overseas and thus hit by President Trump’s new tariffs, customers are turning to repairing the shoes they already own rather...
by Olivya Veazey | Apr 9, 2025 | Inflation, Personal Income
Despite relatively strong income growth, American consumers are still reluctant to spend as they wait to see the full impact of cuts to federal programs, tariffs, and long-lingering inflation. Consumer spending increased 0.4% in February, a rebound from January’s 0.2%...
by Quinn Waller | Apr 9, 2025 | Inflation
The outlook for future inflation and economic growth is on everyone’s minds this week as President Trump announced sweeping tariffs on imports and the stock market plunged in response. Economists are parsing March data to get a picture of where the American economy...
by Quinn Waller | Mar 18, 2025 | Inflation
NEW YORK — Inflation cooled slightly in February but the outlook for future inflation is still somewhat grim as President Trump’s tariff policies remain in flux. The Consumer Price Index, a key measure of inflation, rose 0.2% in the last month, down from 0.5% in...
by Quinn Waller | Feb 16, 2025 | Featured, Inflation
NEW YORK — Consumer prices rose faster than expected in January, due in part to quirks in the way the data is measured but also signaling that progress on reducing inflation has stalled. The Consumer Price Index, a key measure of inflation, rose 0.5% from December, up...
by Max Rivera | May 25, 2024 | Employment, Featured, Inflation
As polls show an uptick in support for the presumed Republican nominee, experts say the support for Trump is tied to inflation and a history of incumbents being held responsible for the nation’s economic woes, something that disproportionately affects Black voters....
