Consumption is not weakening in the United States, it is being blown up by inflation
AFP, published on Tuesday, May 17, 2022 at 11:54 PM Consumer spending is still rising in the United States, but is being driven by inflation, which is lengthening consumers’ bills and shrinking the contents of their shopping baskets. Rising costs are also weighing on the profitability of some major retailers such as Walmart. Supermarket giant … Read more