Amidst the economic recession triggered by the COVID-19 pandemic, consumer spending has contracted. Yet the decline is not equal across the consumer space. Rather, certain spending...
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Amidst the economic recession triggered by the COVID-19 pandemic, consumer spending has contracted. Yet the decline is not equal across the consumer space. Rather, certain spending...
Continue ReadingThe level of US federal debt will roughly equal the size of the entire US economy in FY2020, according to the nonpartisan Congressional Budget Office (CBO). In an early-September update...
Continue ReadingSince the COVID-19 pandemic triggered a global recession, the US Federal Reserve has been quite active in its attempt to support markets and the economy. Beginning with an emergency meeting...
Continue ReadingThe dust is settling from the double black swan events of early 2020, and we are examining the economic data to reveal the extent of the impact. Early signs are showing a sizeable...
Continue ReadingIt may sound counterintuitive, but it’s true. US Disposable Personal Income in April was 13.8% higher than the year-ago level.
Continue ReadingThe COVID-19 pandemic has hit the retail sector hard. US Total Retail Sales in March were 6.7% below the March 2019 level. March data revealed a double-digit decline in several retail...
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