"No spend January" is rolling into "low spend the next 4 years (at least)" for our house.
Reposted from
Jim Sciutto
New: US retail spending plunged last month, falling for the first time since August, as high inflation continued to bite.
Retail sales plunged 0.9% in January, down from December’s upwardly revised 0.7% gain and well below economists’ expectations of a 0.4% decline.
Retail sales plunged 0.9% in January, down from December’s upwardly revised 0.7% gain and well below economists’ expectations of a 0.4% decline.
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