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LARRY KUDLOW: A new Goldilocks -- Strong growth and falling prices
Summary by The New York Ledger
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The New York Ledger
The New York LedgerLARRY KUDLOW: A new Goldilocks -- Strong growth and falling prices
After two great inflation numbers where the level of both consumer and producer prices actually declined in June from the prior month, reported out Tuesday and Wednesday, today we get another big number this time on retail sales — also known as consumer spending.Core sales have risen 8 percent at an annual rate over the past three months. And the biggest category was online sales, where non-store retailers have jumped by 1.9 percent in June, 1.4…
·New York, United States
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Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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