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As Prices Rise, Repair and Resale Could Become Economic Lifelines

As Prices Rise, Repair and Resale Could Become Economic Lifelines

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...
Retail Sales Report Shows Weaker Numbers Than Expected

Retail Sales Report Shows Weaker Numbers Than Expected

by shenal.tissera | Feb 19, 2025 | Featured, Retail

Retail sales had their worst start of the year since 2014, falling more than the modest decline expected by economists. Sales were down 0.9% from December, according to data from the Commerce Department, which includes sales online, in stores and at restaurants. But...

The Grocer Gap: Racial Disparity in the Food Distribution Industry

by Anastasia Tomkin | May 24, 2024 | Employment, Featured, Retail

It is no secret that Black Americans are underrepresented as business owners. They make up about 12.4% of the US population, but Black business owners are only 2.4% of all employer-owned firms. And while Census data shows that the number of Black-owned businesses in...
Global coffee, cacao prices reach historic highs due to climate change

Global coffee, cacao prices reach historic highs due to climate change

by Jiana Smith | May 20, 2024 | Featured, Inflation, Retail, Trade

Kinani Ahmed, owner of Sextant Coffee Roasters in San Francisco, opened his roastery in 2014 with a goal of sharing the finest coffees of Ethiopia with others.  But since the COVID-19 pandemic, that goal has become more and more expensive. The civil war in Ethiopia,...
Five Things to Watch For in March’s Retail Sales Report

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

by Jiana Smith | Apr 15, 2024 | Featured, Inflation, Retail

The U.S. Census Bureau will release its monthly retail sales report on Monday. Economists surveyed by Bloomberg expect a 0.4 percent gain in retail sales for March. Thus far, retail sales have trended softer this year than in 2023, with an unexpected 1.1 percent drop...

February sales fall short of expectations, though consumers are expected to remain strong

by Jiana Smith | Mar 23, 2024 | Retail

US retail sales rose less than expected in February, a possible sign of a softer economy, but not necessarily of consumer weakness. February retail sales rose a seasonally adjusted 0.6 percent according to a Census Bureau report on Thursday. This was lower than the...
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Recent Posts

  • Assembly Required: With hundreds of factories under construction, America is now scrambling to convince a younger generation to take up careers in manufacturing.
  • As trade war with Mexico drags on, border manufacturing awaits its fate
  • Trump’s Targeting of Maine Affecting Access to Food for People Across the State
  • The Workers Missing From America’s Housing Crisis
  • As Prices Rise, Repair and Resale Could Become Economic Lifelines

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About Us

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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