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Rising Costs and Chilled Growth on the Docket for U.S. Economy

Rising Costs and Chilled Growth on the Docket for U.S. Economy

by shenal.tissera | Apr 7, 2025 | Uncategorized

President Donald Trump’s surprisingly high and expansive ‘Liberation Day’ tariffs levied on the rest of the world will increase inflation and slow down growth in the U.S. economy, said Federal Reserve Chair Jerome Powell on Friday. The Nasdaq closed in a bear market...

Labor-starved North Dakota is a microcosm of the U.S.’s complicated relationship with immigration

by Elisa Muyl | May 21, 2024 | Featured, Uncategorized

Embed from Getty Images Kwan Yong Lee moved to North Dakota in 2013, after graduating with an economics PhD from Purdue University, to work at the University of North Dakota in Grand Forks. He’s gotten pretty used to the cold, and likes that Grand Forks is safe, and...

Resilient Consumers Are Still Selective with their Spending

by Anastasia Tomkin | Apr 18, 2024 | Personal Income, Uncategorized

This past month, American consumers increased their spending at the fastest rate since January 2023.Consumer spending rose 0.8% in February, the Bureau of Economic Analysis said Friday. Personal incomes rose at a monthly rate of .3%, which may have given consumers the...

5 things to watch for in tomorrow’s CPI report

by Laura Turbay | Apr 10, 2024 | Uncategorized

Wall Street investors and stakeholders alike will be watching tomorrow’s Consumer Price Index report which is forecasted to rise at 0.3% over last month. They are waiting to see if inflation is slowing, a sign that interest rate cuts could be coming soon. But a...

In the Hunt for Affordable Housing, Americans Are Heading South

by Anastasia Tomkin | Apr 1, 2024 | Featured, Housing, Personal Income, Uncategorized

Jay, a tech executive from Virginia Beach, had simple criteria for where he wanted to live: somewhere with a solid tech presence, decent weather and spacious, reasonably-priced housing. He was stunned by the high cost of homes in places like Seattle and San Francisco....

Black business owners struggle as lending standards remain tight

by Jiana Smith | Mar 20, 2024 | Featured, Inflation, Uncategorized

Fashion stylist Daun Green started her company Dusk ‘Til Dawn in her home in 2015. However, as she booked more film and photo shoots and found herself carrying more supplies, she knew she needed a change of pace–a truck and a showroom. Green decided to apply for a...
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Recent Posts

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  • Five things to watch for in tomorrow’s personal income report
  • Manufacturing Activity Continues Ascent as War Anxieties Tamper Confidence

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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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