The numbers came out today... https://tinyurl.com/2tjb5w36
Automotive and Home Improvement stores were almost the entirety of the slippage.
It does indicate some slippage in inflation adjusted, but still within the range from March, 2021... to present. Very near the median and average for that period of time.
Of course, the impact of tariffs cannot be ascertained by this report. On the surface... what the impact is, the economy is adjusting, or so it seems.
No comments:
Post a Comment