Before the pandemic, Miranda Doyle, 34, worked as a project manager at a Pennsylvania- based interior design company. The business shut down temporarily when the state issued a stay-at-home order in March 2020, allowing Doyle to take care of her three children while they attended school remotely. The company resumed […]
Author: Trina Mannino
Five Things to Watch in the March Retail Sales Report
The Census Bureau will release the advance monthly retail sales report for March on Thursday. Retail sales are projected to rise 0.6 percent, according to a survey of Bloomberg analysts, indicating that inflation and higher prices will primarily fuel rising sales. Here are five things to watch out for in […]
Rising Inflation Squeezes Low Income Workers
In early March, Mayte Molina, 34, did a double-take at her higher-than-normal supermarket bill. Quickly adding how it would offset her weekly budget, she put a handful of her usual items back. Since then, Molina’s daily shopping run has turned into every three to four days to stretch out her […]
February Retail Sales Modestly Rise as Inflation Ensnares Consumers
Retail sales rose modestly last month as Americans continued to worry about inflation and rising food and gas costs. February retail sales were up 0.3 percent from January, the Census Bureau reported Wednesday. But the most surprising figure was revised January sales, which increased to 4.9 percent from 3.8. And […]
Jan. Retail Sales Exceed Expectations in Wake of Omicron Peak and Inflation Fears
Retail sales picked up in January after a slump in December despite fears of high inflation, and the U.S. hitting its peak number of Omicron cases last month. The increase indicates a robust economy. January retail sales were up 3.8 percent from December, according to a Census Bureau report on […]