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    • Retail Sales Confirm Continued Consumer Spending Pullback

      The Conference Board· 7 days ago

      Nominal retail sales edged up by 0.1 percent in May following a 0.2 percent decline in April. Real retail sales (i.e., sales adjusted for inflation) also rose by 0.1 percent in May after a dramatic 0.5 percent decline in April.

    • The U.S. Is Now Short 4.5 Million Homes

      The U.S. Is Now Short 4.5 Million Homes

      National Mortgage Professional· 6 days ago

      Despite a pandemic construction boom, the U.S. housing shortage grew to 4.5 million homes in 2022, up from 4.3 million the year before, further...

    • The Private Sector Lost 192,000 Jobs in Q3 2023

      Ludwig von Mises Institute· 4 days ago

      The most recent Business Employment Dynamics (BED) summary from the Bureau of Labor Statistics shows that the US economy lost 192,000 private-sector jobs during the third quarter of 2023. From ...