Retail Sales

Middle-Class Households Struggle to Cover Expenses as Prices Rise

A survey from a leading retail trade group finds that inflation is making it harder for middle-class households to cover their expenses as the winter holidays loom.

Government Revision Shows Economy Shrank 0.6% Last Quarter

The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade from its initial...

The GDP Numbers Are Out: The Great Reset-sion

Well, the long-awaited second-quarter GDP numbers are out, and based on the reading, the economy contracted by 0.9% on a year-over-year basis, adjusted for inflation.

Target Battles Plummeting Profits and Ballooning Inventory by Offering Rare Discounts on Clearance Merchandise

Target has started offering discounts to clear out excess items from its inventory.

Breitbart Business Digest: Retail Is Rolling Over Because of Bidenflation

The cracks that have started to emerge in the post-pandemic recovery grew a bit more visible in the May jobs report.

US Retail Sales Slow By More Than a Fifth in November Amid Inflation Spike

US retail sales grew by 0.3% in November, down October’s growth of 1.7%, amid an inflation spike that has raised prices of all products, Commerce Department data showed on Wednesday.

Top economist warns conditions are ripe for 1970s-style ‘stagflation’

The chief economic adviser for financial services firm Allianz warned that the new coronavirus variant Omicron could shake up the markets, exacerbate supply chain woes, amplify record-high inflation pressures — and possibly result in 1970s-style “stagflation.”

U.S. retail sales post largest gain in 10 months; weekly jobless claims fall

U.S. retail sales rose by the most in 10 months in March as Americans received additional pandemic relief checks from the government and increased COVID-19 vaccinations allowed broader economic re-engagement, cementing expectations for robust growth in the first quarter.

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