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Consumer Spending Eases, as Signs of a Slowing Economy Starts to Show

by James Van Bramer | Apr 2, 2023 | Personal Income

American households’ spending cooled significantly in February after having the largest one-month gain in nearly two years in January, offering possible signs of a slowing economy as the Federal Reserve continues to pounce on inflation through interest rate...

Inflation is Speeding Back Up, A Worrying Sign for the Fed

by James Van Bramer | Mar 1, 2023 | Personal Income

Inflation sped back up after a period of slowing at the end of last year, dealing a blow to the Federal Reserve, which will likely continue to raise interest rates this year in its quest to tame inflation.   The Personal Consumption Expenditures price index, the Fed’s...
Fewer Kids are Going to College. Here’s Why That’s Bad News for the Economy.

Fewer Kids are Going to College. Here’s Why That’s Bad News for the Economy.

by Allison Nicole Smith | May 23, 2021 | Personal Income

High school senior Chris White planned on attending University of Texas at Arlington, a local university about a 30-minute drive from his home. But then covid hit, his father lost his job because of pandemic-related lay-offs, and he struggled to adapt to remote and...
5 Things To Watch For In March’s Personal Income and Spending Report

5 Things To Watch For In March’s Personal Income and Spending Report

by Allison Nicole Smith | Apr 29, 2021 | Featured, Personal Income

The March report on personal income and spending — an important indicator of Americans’ financial security and consumer confidence in the economy — is expected to signal turbocharged spending and stockpiles of wealth because of additional federal stimulus, easing...
Online Scams Spiked During COVID — Expect Them To Stick Around

Online Scams Spiked During COVID — Expect Them To Stick Around

by Allison Nicole Smith | Apr 18, 2021 | Featured, Personal Income

After Meera was laid off from her job in December because of the coronavirus (she asked to only be identified by her first name), she posted her resume to the job search site Indeed. Soon after, Meera received an email offer to make nearly $3k a month as a...
Five Things to Watch For in March’s Advance Retail Sales Report

Five Things to Watch For in March’s Advance Retail Sales Report

by Francisco Velasquez | Apr 15, 2021 | Featured, Personal Income, Retail

The Commerce Department will release the advance retail sales report for March on April 15 at 8:30 am ET. Economists expect strong gains to persist, a signal the recovery is gaining steam as vaccine rollout accelerates and restrictions ease. Here are five things to...
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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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