Welp, Democrats really, really, really need the country to fall apart if they want any sort of chance at winning in November but gosh, even a pandemic can’t seem to ‘kill’ our economy.
Womp-womp, Sleepy Joe:
More great economic news:
✅Retail sales surged 7.5% in June as the economy continues to recover.
✅Unemployment claims FELL again for the 15th consecutive week. https://t.co/Rbk65t2yiw
— Andrew Clark (@AndrewHClark) July 16, 2020
From the Wall Street Journal:
U.S. retail sales rose for the second straight month in June as malls and restaurants reopened and consumers bought big-ticket items, but a recent increase in coronavirus cases could again damp spending.
The Commerce Department on Thursday said retail sales—a measure of purchases at stores, at restaurants and online—increased a seasonally adjusted 7.5% on the month. Retail sales totaled $524.3 billion in June, up from $487.7 billion in May and nearly back to pre-pandemic levels.
Nearly back to pre-pandemic levels.
Boo and YAH.
#BREAKING US retail sales gain slowed in June to +7.5%: government pic.twitter.com/XbIM21E1jG
— AFP news agency (@AFP) July 16, 2020
Advance estimates of U.S. retail and food services sales for Jun'20, up 7.5% m-o-m, and 1.1%y-oy. Total sales for the April 2020 through June 2020 period were down 8.1%y-o-y.
Read that again Retail sales up y-o-y.
— Sahil Kapoor (@SahilKapoor) July 16, 2020
Year over year.
Boom.
Can’t stop America. Nope.
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