Can a Tweet Save the Real Economy? Online Sales Drop, Housing Market and Shipping Take a Dive

in #news5 years ago

With the current trade war between the US and China, a well-timed tweet by Donald Trump is all it takes for major mainstream media to exclaim that the economy has finally turned around, but is this really true?

Online sales have slumped recently experiencing record-low growth, housing starts are down significantly as people can't afford to buy a new home, and the CASS freight index is showing year over year losses in productivity as fewer individuals and businesses buy goods and services.

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