Tag Archives: economics

As news hit that the U.S. gross domestic product—a measurement of the production of goods and services—contracted 32.9 percent in the second quarter of 2020, the National Association of Home Builders (NAHB) reports housing could be on the frontlines of …

The Bureau of Labor Statistics (BLS) released a report Friday showing the U.S. economy gained 2.5 million jobs in May, bringing the U.S. unemployment rate to 13.3 percent for the month, lower than April’s unemployment rate of 14.7 percent. Friday’s …

More than ever, understanding your business’s financial health from every angle is vital. For more than a century, home improvement operators have counted on the annual Cost of Doing Business Study to discover every facet of their operation’s finances. The …

U.S. retail sales fell 16.4 percent from March to April, as many cities and states enacted stay-at-home orders to stem the spread of COVID-19 in the country. The 16 percent drop seen in April nearly doubles the sales slowdown seen …

The U.S. economy lost 20.5 million jobs in April, as many businesses either curtailed service or closed their doors indefinitely amid COVID-19. The decline in jobs is the largest since the government began recording employment data in 1939, reports CNN. …