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Two record-breaking economic reports confirm the economy continues to boom πŸ‡ΊπŸ‡Έ

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Two record-breaking economic reports confirm the economy continues to boom πŸ‡ΊπŸ‡Έ

'The recession talk is laughably divorced from the economic data' πŸ˜‚

Sam Ro, CFA
May 17, 2022
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Two record-breaking economic reports confirm the economy continues to boom πŸ‡ΊπŸ‡Έ

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(Source: @USCensusBureau)

The hard evidence continues to show that the U.S. economy is booming.

Retail sales grew 0.9% to a record $677.7 billion in April from March, according to a Census Bureau report released Tuesday.

Restaurants and bars, department stores, electronics and appliance stores, and clothing stores led growth. Strength in these categories r…

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