Connect with us

Hi, what are you looking for?

National News

US Consumer Spending Decreases Further; Inflation Creeping Up

Informational signs are seen at the Destiny USA mall during the reopening, as the coronavirus disease (COVID-19) restrictions are eased, in Syracuse, N.Y., on July 10, 2020. (Maranie Staab/Reuters)

BY REUTERS

WASHINGTON—U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of government-funded benefits for millions of unemployed Americans.

The report from the Commerce Department on Friday also showed inflation steadily rising last month. Expectations that inflation would perk up this year…

Click the link below to read the rest of this story.

https://www.theepochtimes.com/us-consumer-spending-decreases-further-inflation-creeping-up_3679129.html

Click here to get more news from the Bulldog

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...

Health

Letter from St. E doctors and other healthcare professionals expresses strong opposition to mandate Deters law has received a copy of a letter from...

Health

Deters Law has issued the following release regarding a lawsuit filed against major healthcare systems in the Greater Cincinnati Region. The lawsuit addresses the...

Donald Trump

Just Weeks After Spending $35 million For A 13,241sq Ft Mansion Nearby In Palm Beach By ARIEL ZILBER FOR DAILYMAIL.COM Sylvester Stallone recently paid...