Retail growth so strong that it's 'hurting' - NewsBreak

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By Vivian in Business
Updated 3 years ago

MARCO ISLAND, FLA. — With the onslaught of government payouts and unprecedented fiscal and monetary stimulus over the past 18 months, consumer spending remains strong, even above pre-pandemic levels, while personal savings rates are at or near record levels. That's the good news from David French, senior vice president, government...

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