by Francisco Velazquez | 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...
by Francisco Velazquez | Apr 12, 2021 | Employment, Featured, Retail
When the pandemic hit and Cindy Lopez had to shut down the 48-year-old bakery and restaurant she runs with her husband in Milwaukee, she worried she would have to close their business for good. She fell behind on rent. She cut employees’ pay. She faced anxiety...
by Francisco Velazquez | Mar 19, 2021 | Retail
Retail sales fell in February, a sign that consumers are being cautious about spending, but the slump is unlikely to last long as a new round of stimulus checks begins to hit the economy. Sales fell 3 percent from the prior month, the Census Bureau said Tuesday. That...
by Francisco Velazquez | Feb 22, 2021 | Featured, Retail
Retail sales in the U.S. increased in January, showing early signs that consumer spending is picking up as cases of the Covid-19 virus decline and the additional relief, assuming it comes will help, but the $900 billion package passed in December, is already helping. ...
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...
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...
