Nelson D. Schwartz

Nelson D. Schwartz has worked at The New York Times for a decade and has covered economics since 2012. Before that, he wrote about Wall Street and banking for The Times, and also served as European economic correspondent in Paris from 2008 to 2010. He joined the paper in 2007 as a feature writer for the Sunday Business section.

Mr. Schwartz is interested in all aspects of the American economy, with an eye toward combining human stories with data that tells the larger tale. He is especially interested in inequality, the future of manufacturing, and how workers and companies are adapting to the technological and economic changes transforming the country and the world.

Recent stories include his coverage throughout 2016 of the fate of Carrier’s factory in Indianapolis and its 1,400 workers, which President Trump made a touchstone of his campaign after the company announced plans to move production to Mexico. Reporting from Indiana both well before and after the election, Mr. Schwartz’s initial March 2016 story was early in calling attention to the Midwestern workers who would ultimately help put Mr. Trump in the White House.

Another project is his continuing Velvet Rope economy series, which looks at how inequality is transforming business. He also covers monthly and quarterly data on employment and growth. In 2014, Mr. Schwartz was the recipient of the Nathaniel Nash Award, given annually by The Times to the reporter who “best excels in business and economic news.”

Mr. Schwartz is a graduate of the University of Chicago, and worked for 10 years at Fortune Magazine before joining the Times. A native of Scarsdale, N.Y, he lives with his family on the Upper East Side of Manhattan.

Latest

Supply Chain Woes Prompt a New Push to Revive U.S. Factories
Companies are testing whether the United States can regain some of the manufacturing output it ceded in recent decades to China and other countries.
By Nelson D. Schwartz
The number of people quitting jobs remained near a record in October as openings increased.
The Labor Department said 4.2 million people quit their jobs in October, a decline of about 205,000 from September but still close to a record high.
By Nelson D. Schwartz
November Jobs Report Shows Weak Hiring but a Surge in the Labor Force
Employers reported adding 210,000 jobs, the year’s weakest showing, but there were also bright spots. The mixed picture complicated policy prospects.
By Nelson D. Schwartz and Talmon Joseph Smith
Made in the U.S.A., but With a Supply-Chain Reboot
Facing delays, shortages and higher prices for raw materials, small manufacturers are finding new sources. Not all are able to pass along the costs.
By Nelson D. Schwartz
Initial unemployment claims last week fell to a half-century low.
On a seasonally adjusted basis, the figure fell to 199,000, a milestone in the economic recovery from the shock of the pandemic.
By Nelson D. Schwartz
Inflation is driving a sharp downturn in U.S. consumer views about the economy.
A University of Michigan survey registered the lowest reading in a decade, reflecting unease about the present and the future.
By Nelson D. Schwartz
Job Gains Offer a Brighter Picture of the U.S. Economy
Employers added 531,000 jobs in October, a big improvement from the previous month and a sign of optimism as the latest coronavirus surge eases.
By Nelson D. Schwartz and Talmon Joseph Smith
The Latest on Food Prices
The cost of food is soaring — and it’s changing shopping and eating habits for tens of millions of Americans.
By Nelson D. Schwartz
Higher Food Prices Hit the Poor and Those Who Help Them
Many households are being forced to adjust their shopping lists or seek assistance. But food banks, too, are feeling the pinch.
By Nelson D. Schwartz and Coral Murphy Marcos
John Deere Workers Strike in Contract Dispute
About 10,000 unionized employees walked out, as worker activism rises during nationwide labor shortages.
By Noam Scheiber