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...
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...
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,...
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...
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...
by Jiana Smith | Feb 21, 2024 | Featured, Retail
US retail sales dropped more than anticipated in January, a sign of economic slowdown, but not necessarily a sign of oncoming recession. January retail sales declined a seasonally adjusted 0.8 percent according to a Census Bureau report on Thursday, lower than the...
