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March Retail Sales Report Shows Contraction in Non-Essential Consumer Spending
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Posted On: April 14, 2022
The U.S. Census Bureau {LINK} reports the March retail sales data {pdf LINK} showing a contraction in sales overall (excluding gasoline) and a massive contraction in on-line sales. As we expected, we are seeing the continued demand side contraction for non-essential purchases. First, when you review the data, keep in mind all of the statistics […]
The post March Retail Sales Report Shows Contraction in Non-Essential Consumer Spending appeared first on The Last Refuge.
Re Posted From: March Retail Sales Report Shows Contraction in Non-Essential Consumer Spending
[BACK]
[BACK]Posted On: April 14, 2022
The U.S. Census Bureau {LINK} reports the March retail sales data {pdf LINK} showing a contraction in sales overall (excluding gasoline) and a massive contraction in on-line sales. As we expected, we are seeing the continued demand side contraction for non-essential purchases. First, when you review the data, keep in mind all of the statistics […]
The post March Retail Sales Report Shows Contraction in Non-Essential Consumer Spending appeared first on The Last Refuge.
Re Posted From: March Retail Sales Report Shows Contraction in Non-Essential Consumer Spending