Retail Sales Tank As Prices Continue To Skyrocket Due To Inflation

Retail sales crashed and wholesale prices skyrocketed in May following unprecedented federal spending binges, the U.S. Department of Labor reported on Tuesday. Although most government-mandated lockdowns and school closures related to the COVID-19 pandemic ended months ago, the U.S. economy has been slow to bounce back. New data from the Department of Labor’s Bureau of Labor Statistics released on Tuesday…

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