in the first quarter. Economists project that by the end of this year gross domestic product will reach the path it was projected to follow had the pandemic never happened—and then exceed it, at least temporarily.
has left car dealers with a dearth of inventory. As a result, auto sales likely fell last month. “If you don’t have products, you’ve got nothing to sell and that means lower revenues,” said Beth Ann Bovino, chief U.S. economist at S&P Global Ratings.
Good luck eating “services.”
People are finally waking up and staring to fix things themselves again. Maybe this is a good thing. Learn to use your tools again people.
Still waiting on pandemic relief checks for the people.
thanks
Ohh so now the FED can continue to inflate asset bubbles in eternity right?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Auto-Supply Pinch Likely Held Back Retail Spending in MayEconomists estimate that shoppers spent more on other items and at restaurants as pandemic-related restrictions eased last month.
Source: WSJ - 🏆 98. / 63 Read more »
Washington Prime Ch. 11 Marks New Uncertainties for RetailThe mall REIT’s bankruptcy included a prepared restructuring proposal, but the process will also test retail’s uncertain value in a pandemic.
Source: wwd - 🏆 24. / 68 Read more »
Abigail Spencer’s Flower-Delivery Service Opens First Retail SpaceIn time for Father’s Day, actress-producer Abigail Spencer’s County Line Florals flower-delivery service has opened its first retail space at Free Market, a new collective of shops in P… abigailspencer amore mio!💗 The flowers are beautiful. Sad they can ship to Canada. Congratulations to Abigail Spencer.💐
Source: THR - 🏆 411. / 53 Read more »
S&P 500, Nasdaq seen adding slightly to records, as investors await retail sales and producer inflation reportsU.S. stocks are indicated to see muted moves Tuesday, with the S&P 500 and Nasdaq Composite inching toward further records, as investors await a report on...
Source: MarketWatch - 🏆 3. / 97 Read more »
Auto-Supply Pinch Likely Held Back Retail Spending in MayEconomists estimate that shoppers spent more on other items and at restaurants as pandemic-related restrictions eased last month.
Source: WSJ - 🏆 98. / 63 Read more »
Global, U.S. Ad Spending to Hit Records on COVID Rebound: ForecastThe economic recovery from the coronavirus pandemic will lead to a record 14 percent gain in global advertising spending this year to a record $657 billion, according to the latest forecast from me…
Source: THR - 🏆 411. / 53 Read more »