Episode 330: What’s Up in the Economy?
Words & Numbers
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The Upward Trend in Retail Sales
Retail sales have gone amazingly flat since about April of 2022. From the 1990s to the present, it's pretty much an upward sloping line. And then this strangeness that I don't see almost anywhere else on the graph going back to the mid to early 1990s. People are walking away from expensive cuts of beef to less expensive cuts of pork and chicken.
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