by Jill Shah | Apr 24, 2020 | Featured, Manufacturing, Uncategorized
The March durable goods report is expected to be weak, showing the first signs of the coronavirus pandemic on manufacturing orders. Here’s what to watch in the monthly report out Friday at 8:30 am Eastern time: It’ll be bad but it won’t capture the full picture. ...
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...
by Korey Matthews | Mar 31, 2020 | Uncategorized
U.S. consumer spending and personal income remained steady in February, another sign that the economy was holding firm before the country was gripped by the coronavirus pandemic. Personal-consumption expenditures, a measure of household spending, rose 0.2%, a repeat...
by Baidi Wang | Mar 11, 2020 | Uncategorized
The U.S. trade deficit fell in January, continuing the narrowing trend caused by the trade war with China while showing the first signs of the impact of the coronavirus. The deficit declined $3.2 billion, from $68.7 billion in December, according to preliminary data...
by Sonya Swink | Feb 23, 2020 | Featured, Uncategorized
U.S. retail sales picked up slightly in January, boosted by warm weather and cheaper gas prices. But apparel and department store sales kept slowing, a sign that consumers may not be able to maintain economic growth. Overall, seasonally-adjusted retail sales rose 0.3%...
