Bidenomics:Consumer Spending Drops Again in March

E

Earl

Well-known member
Bidenomics:Consumer Spending Drops Again in March

– Significant Sales Drops Consumer Spending Drops Again in March – Significant Sales Drops in Dept Stores, Electronics and Home Improvement During the time measured gasoline was less expensive, so that led the drop in fuel sales; however, drops in dept stores (-2.5%), General Merchandise (-3.0%), electronics (-2.1%), and building supplies (-2.1%), shows another broad-based pullback of Main Street consumer spending. (pdf here) Consumer Spending Drops Again in March - Significant Sales Drops in Dept Stores, Electronics and Home Improvement - The Last Refuge

Thanks Never-Trumpers and "My Dad Always Voted Democrat" Democrat voters.
 
Earl said:
Bidenomics:Consumer Spending Drops Again in March

– Significant Sales Drops Consumer Spending Drops Again in March – Significant Sales Drops in Dept Stores, Electronics and Home Improvement During the time measured gasoline was less expensive, so that led the drop in fuel sales; however, drops in dept stores (-2.5%), General Merchandise (-3.0%), electronics (-2.1%), and building supplies (-2.1%), shows another broad-based pullback of Main Street consumer spending. (pdf here) Consumer Spending Drops Again in March - Significant Sales Drops in Dept Stores, Electronics and Home Improvement - The Last Refuge

Thanks Never-Trumpers and "My Dad Always Voted Democrat" Democrat voters.
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“earl,” basic economics, if you want to curtail inflation you have to discourage spending, you can’t have it both ways

Easy to cherry pick individual economic indicators, one, or even a couple, taken by themselves, never give an accurate picture. Unemployment is at 3.4%, lowest in 54 years. Biden has bought down from the 6.3% when he took office to 3.4% today in just two years, now does that mean everything is hunky dorey? Get the point?
 
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