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8min chapter
Bloomberg Surveillance: Jobless Claims and Retail Sales
Bloomberg Surveillance
Analysis of Retail Sales and Consumer Patterns
This chapter discusses retail sales, consumer patterns, and the division between middle income and lower income consumers. It explores the decline in consumer goods prices, the shift in consumer spending from goods to entertainment and travel, and raises questions about the representativeness of aggregate retail sales data. The chapter also touches on concerns about consumer debt and funding of expenses.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode