Retail sales dropped 1.9% in December as higher prices caused consumers to curb spending
The advance monthly sales report to close out the year showed a decline of 1.9%, considerably worse than the Dow Jones estimate for just a 0.1% drop.
Jobless claims rise more than expected to 230,000 as omicron spikes - Washington Examiner
The number of new applications for unemployment benefits climbed 23,000 last week to 230,000, more than anticipated and a discouraging sign for the recovery. The new numbers were reported on Thursday morning by the Labor Department. Weekly jobless claims are seen as a proxy for layoffs. Over the...
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Wholesale Prices Jumped Record 9.7 Percent in Past 12 Months
Prices at the wholesale level surged by a record 9.7% in December from a year earlier, with inflation evident at all levels of the U.S. economy.
What a great job Democrats and the Bide Administration are doing destroying the country. Oh well might as well get ready for Democrats to come up with another multi trillion-dollar boondoggle that does nothing but drive up the national debt and allow Democrat political cronies to profit.
