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Started By
Message
Retail Sales Unexpectedly Go Negative as Surging Gas Prices Tax American Wallets
Posted on 6/15/22 at 9:24 am
Posted on 6/15/22 at 9:24 am
To be followed by lay offs!
LINK
quote:
The report from the Commerce Department on Wednesday indicated that record-high gas prices took their toll on sales elsewhere. Excluding cars and gas station sales, retail sales came in at minus 0.4 percent compared with a month earlier.
The results were much worse than expected and showed a steep reversal from the prior month. Economists had expected retail sales to climb 0.1 percent from April. The March to April figure was revised down to 0.7 percent from the preliminary report of 0.9 percent, an indication that sales were already weaker than expected.
LINK
Posted on 6/15/22 at 9:25 am to Jjdoc
quote:
To be followed by lay offs!
And bankruptcies and foreclosures…
Posted on 6/15/22 at 9:27 am to Jjdoc
How does all of the free stuff people are taking in Dem states affect this number?
Posted on 6/15/22 at 9:29 am to Jjdoc
Buy an electric vehicle you peon piece of shite.
-Rich guy who takes it in the arse
-Rich guy who takes it in the arse
Posted on 6/15/22 at 9:38 am to lsu480
quote:
And bankruptcies and foreclosures…
Hopefully mostly to Biden voters
Posted on 6/15/22 at 9:40 am to Jjdoc
Not true, NOT TRUE!!! That nice press secretary lady told me that the economy is booming and the Turnip said he was tired of hearing about bad news...
If we just bury our heads in the sand, everything will be ok...
If we just bury our heads in the sand, everything will be ok...
Posted on 6/15/22 at 9:48 am to The Maj
This admin has the MOST communists in than ever before.
Posted on 6/15/22 at 10:19 am to Jjdoc
Who didn't expect this?
I've been predicting it would start around July/August for a few months now. Gasoline went up faster than I thought (didn't think it would hit $5 nationally until July, apparently the average consumer is more stubborn than I thought) but everything else seems to be on track. June will have a slump on employment, July's numbers (which come out in August) will begin to concern people. August's numbers will scare the shite out of them.
If this holds true, expect to start seeing stories about a world food shortage as a more prominent component of nightly newscasts (especially broadcast news) as we go from August through October (and possibly even into the fall, depending on how bad it gets).
Now there's no reason for this shite to be "unexpected".
I've been predicting it would start around July/August for a few months now. Gasoline went up faster than I thought (didn't think it would hit $5 nationally until July, apparently the average consumer is more stubborn than I thought) but everything else seems to be on track. June will have a slump on employment, July's numbers (which come out in August) will begin to concern people. August's numbers will scare the shite out of them.
If this holds true, expect to start seeing stories about a world food shortage as a more prominent component of nightly newscasts (especially broadcast news) as we go from August through October (and possibly even into the fall, depending on how bad it gets).
Now there's no reason for this shite to be "unexpected".
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