economy

US Camera Sales Dropped by 64% Last Month; Only Luggage is Doing Worse

As the coronavirus pandemic brings the world economy to its knees, retail intelligence firm Stackline put together a report identifying the 100 fastest growing and 100 fastest declining industries based on e-commerce data from March. No surprise, the outlook is especially grim for cameras.

How 4 Photographers are Dealing with Income Loss Due to COVID-19

As the coronavirus has spread throughout the U.S., it has left a wake of economic turmoil. As of Wednesday, April 9th, over 16 million Americans have filed for unemployment. Like many other freelancers, photographers have seen an abrupt drop in income. For many, late March brought about cancellations in droves over the course of about a week.

How Freelance Photographers Are Dealing with the Economic Effects of Coronavirus

As fears of coronavirus (COVID-19) balloon in the U.S., many freelance photographers have begun to contend with the economic impact of event cancellations and social distancing policies. Freelancers are accustomed to seasonal slowdowns or the occasional cancellation, but the uncertainty around the breadth and duration of this outbreak has resulted in anxiety, frustration, and anger.

Photography Contributes $10.2B to US Economy: Govt Report

Ever wonder how much the arts and photography contribute towards the United States economy? Wonder no more. According to a newly-published government report, the arts contribute over $763 billion to the economy, and photography represents over $10 billion of that total.

Chicago Sun-Times Lays Off Entire Photo Staff

The Chicago Sun-Times has laid off its entire photography staff, according to a report from the Chicago Tribune. Twenty full-time staffers received the grave news at a meeting on Thursday morning, leaving them jobless.

Moving forward, the newspaper will be strictly working with freelance photographers, a move that is expected to further cut down on costs in this already financially troubled industry.