Holiday Spending Looks Strong Despite Price Rises

Holiday Spending Looks Strong Despite Price Rises

This post was originally published on this siteThe holiday shopping season is likely off to a strong start, with consumers showing robust demand for gifts, dinners out and other products even amid the highest inflation in decades.

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US retailers cheery about holiday season despite inflation

US retailers cheery about holiday season despite inflation

This post was originally published on this site After nearly two years of pandemic gloom, American consumers appear primed to spend generously for the holidays in spite of worries over inflation and item availability. Retailers have seen strong buying interest this fall, with robust “back to school” and Halloween sales...

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Rising prices and empty store shelves spell danger for Biden and Democrats

Rising prices and empty store shelves spell danger for Biden and Democrats

This post was originally published on this siteJoe Biden’s struggle to make America normal again after the pandemic is proving to be far more protracted and complicated than first thought, which has enormous political implications for the President and his party.

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Consumer Spending Seems Steady Amid Supply Crunch

Consumer Spending Seems Steady Amid Supply Crunch

This post was originally published on this siteEconomists estimate that retail sales rose 0.5% last month, as U.S. consumers continue to spend despite supply constraints causing a shortage of vehicles and other goods.

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