America Rising Squared
@ARSquared
Advancing conservative principles and holding liberals and their special interest groups accountable. Learn more at http://arsquared.org.
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Rising costs, fueled by Democrats’ reckless spending, are forcing most Americans to cut back on Christmas spending. arsquared.org/rising-costs-f…
Happy Thanksgiving — enjoy the holiday with your friends and family!
Consumers are racking up record amounts of credit card debt as they struggle to keep up with soaring costs. foxbusiness.com/lifestyle/cred…
foxbusiness.com
Credit card balances reach record $866B as consumers battle economic headwinds
Consumers are leaning on credit cards and personal loans in an effort to offset the financial pressures caused by high inflation and high interest rates.
In October the unemployment rate rose, the labor force participation rate dropped and job growth stalled as the Democrats’ economy weakens even more. reuters.com/markets/us/us-…
reuters.com
U.S. job growth seen smallest in nearly two years in October, unemployment rate up
U.S. employers likely hired the fewest workers in nearly two years in October and increased wages at a moderate pace, suggesting some loosening in labor market conditions, which would allow the...
Reckless spending by Washington Democrats sent inflation skyrocketing, and they don’t have a plan bring it back under control. foxbusiness.com/economy/inflat…
foxbusiness.com
Inflation gauge closely watched by the Fed surges again in September
Inflationary pressures in the economy remain strong, a worrisome sign for the Federal Reserve as it tries to crush runaway prices without triggering a recession.
Candy prices have experienced their largest jump ever recorded. "Candy prices are up more than 13 percent from last year, the Labor Department reported, which represents the largest yearly increase ever recorded." freebeacon.com/biden-administ…
freebeacon.com
Bidenflation Sends Halloween Candy Prices Soaring
Halloween this year will be scary for many Americans' wallets, as record inflation under the Biden administration has driven the price of candy to record highs.
Americans’ finances are suffering in the Democrats’ broken economy. arsquared.org/savings-accoun…
Flat retail sales reflect Americans’ shaky financial situations and nervousness about the Biden economy. bloomberg.com/news/articles/…
bloomberg.com
US Retail Sales Stagnate as Inflation, Rates Hit Consumers
US retail sales stalled last month as shoppers grew more guarded about discretionary purchases amid the worst inflationary environment in decades and rising interest rates.
Trillions of dollars in reckless spending fueled inflation. Now Americans are paying more for almost everything. arsquared.org/core-inflation…
Costs for essentials like food, energy and housing are skyrocketing, forcing Americans to make difficult financial decisions. cnbc.com/2022/10/13/con…
cnbc.com
Inflation increased 0.4% in September, more than expected despite rate hikes
The consumer price index was expected to increase 0.3% in September, according to Dow Jones estimates.
The Producer Price Index rose more than expected in September. Those higher costs will eventually be passed on to consumers and maintain inflationary pressures that are pervasive in the economy. wsj.com/articles/produ…
wsj.com
U.S. Supplier Prices Increased in September, Maintaining Pressure on Inflation
The producer-price index, which measures the prices that suppliers are charging businesses and other customers, rose a seasonally adjusted 0.4% last month.
Inflation is now increasingly entrenched in the U.S. economy as underlying price pressures strengthened in August. wsj.com/articles/under…
wsj.com
Underlying Inflation Gained Steam in August
The pace of consumer-price gains remained near a four-decade high, according to the Federal Reserve’s preferred measure.
As prices rise, more Americans are relying on credit cards to pay for basic necessities. Higher interest rates will make it more difficult for consumers to pay off that debt. thehill.com/homenews/36533…
thehill.com
Rising interest rates, inflation leading consumers to rack up credit card debt
Credit card debt in the U.S. has surged over the past year as more Americans borrow money to keep spending. And with interest rates set to go up again, it might be even harder to break free of that…
Out-of-control inflation is giving Americans a pay cut. arsquared.org/prices-continu…
CNBC on August CPI Report: "Headline number expected to be down, is up one tenth instead of down one tenth...It's food that we have to pay attention to: up six tenths of one percent, double the expectation."
Labor Day honors the working Americans that built this country and power our economy.
New data confirms what Americans have been saying: People are struggling in the Democrats’ broken economy. arsquared.org/labor-and-hous…
Hiring significantly slowed in August as companies are growing more and more concerned about the state of the economy. "Private payrolls grew by just 132,000 for the month, a deceleration from the 268,000 gain in July" cnbc.com/2022/08/31/adp…
cnbc.com
Private payrolls grew by just 132,000 in August, ADP says in reworked jobs report
Private payrolls grew by just 132,000 for the month, a deceleration from the 270,000 gain in July, the firm said in its monthly payroll report.
"As persistently high inflation puts growing pressure on household budgets, adults earning less than $100,000 are disproportionately feeling squeezed." morningconsult.com/2022/08/16/is-…
Rising grocery prices are squeezing families. "She estimates the tab for her family of four has shot up by $200 to $300 a month over the last year as everything from milk, bread and eggs to fresh meats, produce and frozen foods have skyrocketed." post-gazette.com/business/bop/2…
post-gazette.com
How much have grocery prices gone up? Local shopping trip is an eye-opener
Kristin Bandish, of Perryopolis, doesn’t need to see government statistics to know inflation is eating away at her wallet. All she needs to do is...
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