Five days a week Emma Wender wakes up at 5:45 a.m. After only a few hours of sleep she’s in her parent’s car, the sun peaking over the Manhattan Bridge to the east. Wender, 18, begins her day ice skating at Sky Rink in Chelsea Piers. About an hour of […]
The first 100 days: The time-honored test of whether or not a new president has the ability to advance his agenda in Washington ends on April 29 for the Trump Administration. Love him or hate him, Trump has had an effect on personal income as unemployment drops, consumer confidence soars […]
The new year started with accelerating economic growth, but the momentum is likely to have slowed in March. The jobs report to be released Friday by the Bureau of Labor Statistics (BLS) follows a solid two-month economic boom at the start of 2017. In February alone, 236,500 nonfarm payroll jobs […]
Consumer confidence may be soaring but consumer spending has barely moved since last month. The Bureau of Economic Analysis released its latest report on March 31, which showed a 0.1% increase in consumer spending from last month, a slight disappointment from the 0.2% expected. A historically warm winter decreased service […]
When President Trump took office in January, Simone Wilson was worried about how it might impact her small business. Wilson, who co-owns Spartan Construction and Interior Design just outside of Seattle with her husband James, was afraid her clients might not be as willing to dig into their pockets for […]
Personal income increased in January but the gains were eaten up by rising prices. Personal income rose 0.4%, exceeding a 0.3% expectation. Consumer spending figures also rose by 0.2% — but a sharp disappointment compared to the previous month’s 0.5% growth. With rising prices, however, the real value after inflation […]