The modern American supermarket sales revenue totaled nearly $766 billion (2021), more than double what it was 20 years ago. Once a place to quickly pick up household staples like milk, eggs, and bread, today’s supermarkets now provide a wide variety of food, beverage...
The U.S. created a robust 263,000 new jobs in November, a historically strong pace of hiring that’s good for workers, but that also threatens to prolong a bout of high U.S. inflation.The continued rapid gains in hiring have become a big source of angst at the Federal...
Economic Market Pulse – Volume 117 The Federal Reserve continued its aggressive fight against high inflation, agreeing to the third straight super-sized interest rate hike and saying that rates will go sharply higher before the end of the year.Officials said...
July year-over-year overall retail sales registered 8.6%. While month-over-month sales were unchanged in July, the details were far more encouraging, with a price-related fall in gasoline sales freeing up households to increase spending on other goods. With prices no...
The U.S. added a whopping 528,000 new jobs in July. Economists polled by The Wall Street Journal had forecast 258,000 new jobs.Hiring was broad-based as businesses created the most new jobs in five months. The number of people working finally returned to February...
