Home Depot sales are once again weakening.They’re blaming a lack of hurricanes.Target department store sales are accelerating downwards.With discretionary items taking the biggest hit.Meanwhile, consumers are increasingly turning to off-price retailers such as TJ Maxx and Marshalls.Sales are accelerating upwards.Core inflation in Canada remains elevated.And I add some comments on the scandalous increases in property taxes and new development charges over the last twenty years.In Financial Ruc...
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Home Depot sales are once again weakening.They’re blaming a lack of hurricanes.Target department store sales are accelerating downwards.With discretionary items taking the biggest hit.Meanwhile, consumers are increasingly turning to off-price retailers such as TJ Maxx and Marshalls.Sales are accelerating upwards.Core inflation in Canada remains elevated.And I add some comments on the scandalous increases in property taxes and new development charges over the last twenty years.In Financial Ruc...
Post 336: “Truckloads, Tax Loads, and the Working-Class Squeeze”
Paulitical Economy™
35 minutes
1 month ago
Post 336: “Truckloads, Tax Loads, and the Working-Class Squeeze”
PACCAR is one of the leading truck manufacturers in the U.S.A look back.New truck deliveries are down 13.5% from pre-COVIDJ.B. Hunt is one of America’s largest trucking companies and its sales growth has finally nudged into positive territory.And no, supply chain bottlenecks did not cause the inflation of 2022.UPS sales growth in the US returns to negative territory.But Fedex’s sales accelerate.Mortgages in Canada are renewing at much higher rates.Inflation has a much greater impact on the wo...
Paulitical Economy™
Home Depot sales are once again weakening.They’re blaming a lack of hurricanes.Target department store sales are accelerating downwards.With discretionary items taking the biggest hit.Meanwhile, consumers are increasingly turning to off-price retailers such as TJ Maxx and Marshalls.Sales are accelerating upwards.Core inflation in Canada remains elevated.And I add some comments on the scandalous increases in property taxes and new development charges over the last twenty years.In Financial Ruc...
