🚨SOMETHING’S BREAKING IN THE U.S. ECONOMY… BUT NO ONE’S TALKING ABOUT IT
Consumer spending, the backbone of the economy, is quietly collapsing.
What’s really going on behind the headlines?
Retail sales fell -0.9% in May... 2nd-largest drop since March 2023
It’s the 2nd straight monthly decline
Biggest drops in building materials, gas, and motor vehicles
Restaurants & bars saw their worst hit since Feb 2023
Inflation-adjusted retail sales are -2.5% below April 2022 peak
Americans are falling behind... they can’t outspend inflation anymore
What happens when the spending finally stops?