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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...
Small Business Owners Could Make Lasting Changes

Small Business Owners Could Make Lasting Changes

by Francisco Velasquez | 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...
Despite Retail Sales Trickling Down In February, Spending is Expected to Rise

Despite Retail Sales Trickling Down In February, Spending is Expected to Rise

by Francisco Velasquez | 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...
Retail Sales in the U.S. Rise Over 5% in January, Suggesting A Promising Economic Recovery

Retail Sales in the U.S. Rise Over 5% in January, Suggesting A Promising Economic Recovery

by Francisco Velasquez | 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. ...
A Tale of Two Retail Sectors: COVID-19 Makes Stores Halt while Warehouses Struggle to Keep Up with Sales

A Tale of Two Retail Sectors: COVID-19 Makes Stores Halt while Warehouses Struggle to Keep Up with Sales

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...
Five Things to Watch for in Wednesday’s Retail Sales Report

Five Things to Watch for in Wednesday’s Retail Sales Report

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...
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