Tag: Census Bureau

Southern States Are Growing While The Northeast Shrinks

Wisconsin Daily Star Staff
New Home

Over the past few years, states in the American South have come to economically surpass the Northeast, owing to policies like lower taxes and better business environments spurring prosperity and population growth, experts told the Daily Caller News Foundation.

The gross domestic product of Florida, Texas, Georgia, the Carolinas and Tennessee surpassed the cumulative economy of the Northeast in 2020 for the first time since data has been tracked and has continued to exceed growth since, according to data from the Bureau of Economic Analysis compiled by Bloomberg. The growth comes as businesses and people flock to the region seeking affordability, job opportunities, lighter tax and regulation laws and freedom from dense urban areas, according to experts who spoke to the DCNF.

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Commentary: Dear Policymakers, Homeschooling Is Here to Stay

RealClearWire

Homeschooling is here to stay and the time has come for policymakers to acknowledge that fact. After years of increasing at a rate of about 3 percent a year, the number of parents choosing to homeschool their children has spiked, triggered by the COVID-19 pandemic.

According to the U.S. Census Bureau, the portion of children being homeschooled doubled from 5.4 percent during the 2019-20 school year to 11 percent in 2020-21. Among Black families, homeschooling jumped nearly five-fold during that time, from 3.3 percent to 16.1 percent.

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Retail Sales Beat Expectations Amid Surging Inflation

Wisconsin Daily Star Staff
Woman shopping in a department store

U.S. retail sales increased in September, beating expectations amid growing inflation and supply chain disruptions, the U.S. Census Bureau reported Friday.

Retail sales increased 0.7% in September, beating experts’ estimates of 0.2%, according to the Census Bureau report.  The number rose 0.8%, excluding auto sales, beating the 0.5% forecast.

Sales were up 13.9% compared to September 2020, and they increased 15.6% compared to September 2020, excluding auto sales, according to the Census Bureau.

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Retail Sales Surprisingly Increased Last Month After Plummeting in July

Admin
Woman checking out a business

Retail sales unexpectedly increased last month despite continued challenges facing the economy as it recovers from the coronavirus pandemic.

Sales ticked up 0.7% in August relative to July and totaled $618.7 billion, according to a Census Bureau report published Thursday. E-commerce, furniture, general merchandise, building materials and energy purchases drove last month’s sales increase.

Dow Jones economists had expected sales to decline 0.8%, CNBC reported. In July retail sales posted a sharp 1.8% decline as coronavirus cases surged, the Census report said Thursday.

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Report: E-Commerce Prices Have Skyrocketed Because of Inflation

Admin

Online shopping prices have rapidly increased since the start of the pandemic as consumers rely more on e-commerce, according to an industry report.

While e-commerce prices trended downward between 2015-2019 as online shopping grew in popularity, the sector has seen unprecedented increases over the last year, the report published by Adobe Digital Insights on Wednesday found. At the same time, consumers are spending more purchasing goods and food online than ever before.

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Amazon Plans to Open Department Stores

Wisconsin Daily Star Staff

Amazon is planning to open department stores where consumers can purchase a variety of goods like clothing and electronics, The Wall Street Journal reported.

The planned expansion of Amazon brick-and-mortar stores is the online retail giant’s latest attempt to disrupt the industry, according to a WSJ report Thursday. The Seattle-based company has recently expanded its brick-and-mortar grocery store footprint, opening 17 Amazon Fresh stores nationwide, and is developing at least 20 more, Bloomberg reported.

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