The recession-hoping media pundits are sad - Retail sales twice as strong as predicted.

Posted by 2592sc on September 13, 2019
The Commerce Dept. announced that retail sales climbed by 0.4 percent in August, twice as high as the 0.2 percent analysts had predicted. The result highlights retail sales strength of more than 4 percent year-over-year. These excellent results come on the heels of blowout data in July, when households boosted purchases of cars and clothing.
 Sec. Wilbur Ross ✔@SecretaryRoss
A significant rise in retail sales for August signals continued growth in consumer spending. Further, the increase in auto dealer sales shows that the U.S. auto industry is still strong.  must pass  to ensure it continues to prosper.

Doesn’t look like middle-class America is overly concerned about the noise coming from the pundits. Likely that’s because wages are higher, inflation is lower, and consumer confidence is strong.  MAGAnomics is working.

Additionally, remember all those MSM hours and newspaper column inches where the professional financial pundits were claiming Trump’s tariffs were going to cause massive increases in prices of consumer goods?

Well, exactly the opposite is happening [BLS report] 

Posted on September 13, 2019 by 

Donate Volunteer Spread the Word
VolusiaCountyRepublicanParty
Subscribe with RSS

Copyright © 2018 Republican Executive Committee of Volusia County. All rights Reserved.

Paid for by Republican Executive Committee of Volusia County and not authorized by any candidate or candidate's committee. Contributions or gifts to RECVC are not tax deductible. Unless otherwise prohibited by applicable law or as specifically directed by the donor, all contributions will be deposited into the RECVC federal account. Such other contributions will be handled in accordance with applicable law. RECVC, PO Box 9096, Daytona Beach, FL 32120.


Sign in with Facebook, Twitter or email.
Created by Ron Robinson/TheGet.io with NationBuilder
 
Mobile Signup