Major U.S. Industry Stagnant

Things continue to get worse.

It has just been discovered that spending in retail stores fell flat in September and because Americans just don’t want to spend during the highest inflation in the last 40 years.

According to Fox, retail sales on everything including everyday goods, including cars, food and gasoline remained absolutely unchanged at 0% for the month of September.

This is bad because Economists predicted for sales to increase by a mere 0.2% but sadly in Joe Biden’s America even that isn’t possible.

Chief economist at EY Parthenon Gregory Daco explained, “The high inflation environment is weighing on consumer morale and purchasing power, and it is forcing many households to dip into savings and use credit to finance outlays. While consumers remain willing to spend, many families are feeling increasingly constrained by elevated prices and rising interest rates.”