Customers move past a 2022 Clubman John Cooper Works model for sale on the floor of a Mini showroom Saturday, Aug. 21, 2021, in Highlands Ranch, Colo. Retail sales took an unexpected dip in December 2021 in what could be a signal that the increasing weight of persistently rising inflation is prompting a pullback in consumer spending. SILVER SPRING, Md. — U.S.
The Conference Board’s present situation index, which measures consumers’ assessment of current business and labor conditions, rose this month to 148.2 from 144.8 in December. The expectations index, based on consumers’ six-month outlook for income, business and labor market conditions, fell in January to 90.8 from 95.4 last month.
Prices rose sharply in 2021 for cars, gas, food and furniture but that has not hindered the U.S. consumer. The proportion of people planning to purchase homes, automobiles, and major appliances over the next six months all increased, the Conference Board said.
because we see hope in a GOP takeover this year!
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