Stan Choe

Latest in Economics
A display in the Westfield Garden State Plaza shopping mall, Paramus, New Jersey, December 17, 2022.
Inflation Falls for 6th Consecutive Month
January 13, 2023
A sales associate helps a prospective customer as laptops sit on display in a Costco warehouse, Aug. 15, 2022, in Sheridn, Colo. Americans picked up their spending a bit in August from July even as surging inflation on household necessities like rent and food take a toll on household budgets. The U.S. retail sales rose an unexpected 0.3% last month, from being down 0.4% in July, the Commerce Department said Thursday., Sept. 15, 2022.
Retail Sales Flat in September as Inflation Takes a Bite
October 14, 2022
Shoppers shop at a grocery store in Glenview, Ill., Monday, July 4, 2022. Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation lifts prices for food, rent, and other essentials. Americans boosted their spending at stores and for services such as haircuts by 0.4% in August, after it fell 0.2% in July, the Commerce Department said Friday Sept. 30.
Resilient U.S. Consumers Spend Slightly More in August
October 3, 2022
Fresh seafood is shown for sale at a grocery store, Wednesday, July 27, 2022, in Surfside, Fla. Inflation at the wholesale level jumped 8.7% in August from a year earlier, a slowdown from July yet still a painfully high level that suggests prices will keep spiking for months to come.
U.S. Wholesale Inflation Declines
September 14, 2022
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An employee works in the battery assembly hall at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. On Thursday, the Commerce Department issues its first of three estimates of how the U.S. economy performed in the fourth quarter of 2022.
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Shoppers carry shopping bags down Fifth Avenue, Monday, Dec. 19, 2022, in New York. After a two-year hiatus, holiday procrastinators are back this year, during a holiday season when retailers need them even more. Shoppers have been pulling back on buying and waiting for the best deals as inflation weighs on their shopping habits.
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Holiday Procrastinators Are Back in Force. Blame Inflation.
A sales associate helps a prospective customer as laptops sit on display in a Costco warehouse, Aug. 15, 2022, in Sheridn, Colo. Americans picked up their spending a bit in August from July even as surging inflation on household necessities like rent and food take a toll on household budgets. The U.S. retail sales rose an unexpected 0.3% last month, from being down 0.4% in July, the Commerce Department said Thursday., Sept. 15, 2022.
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Retail Sales Flat in September as Inflation Takes a Bite
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