Slow Crab Sales and Why - Things to Ponder
The Federal Reserve raised the interest rate by .75 points this past week and is on track for more interest rate increases as they continue their effort to cool economic growth and bring down inflation. The economy grew at a 2.6%, led by energy exports in the third quarter, while inflation continues high at 8.2% vs the prior year. Consumer spending accounts for roughly two-thirds of the total U.S. economic output and they do continue to open their wallets in spite of prices being 6.2% higher than the same period...
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