With Construction Not Immune, Retail Sales Speak of Slowdown

With Construction Not Immune, Retail Sales Speak of Slowdown
The U.S. economy grew by +2.0% in the first quarter of this year and by +2.4% in the second quarter. Those figures are the month-to-month annualized percentage changes of ‘real’ (i.e., inflation-adjusted) gross domestic product (GDP) dollars. One should...