Wilbur Ross says savings of up to 17% and 20% in the recent month, double what it was last year

Commerce Secretary Wilbur Ross: “Consumer Spending and Savings Rate Strong

Posted by sundance

Commerce Secretary Wilbur Ross appears on Fox News with Stuart Varney to discuss a change in federal hiring policy. However, within the interview Ross notes some key economic data that has a very solid predictor value for economic growth.

Both the spending rates and the savings rates for Americans are at all time highs. The COVID-19 lockdown has limited purchase options, leading to less initial spending; however, consumers have a lot of recent cash reserve as shown in their rate of savings.

Ross is right, within this dynamic, as soon as economic limits are removed, the spending will boost the economy very quickly.

ok anons since July 7th is blackout spending day for BLM mandate, let’s make that day one of the biggest spending days in history. Any meme twitter anons let’s blow the roof off spending on July 7th. Does anyone know historically why they choose July 7th, you know symbolism and all

https://theconservativetreehouse.com/2020/06/26/commerce-secretary-wilbur-ross-consumer-spending-and-savings-rate-strong/#more-195380

>>9776886 Woman Who Framed Former Missouri Gov. Eric Greitens Guilty of Perjury, Bribed With Cash Payment.

When does this man get his like, reputation and position back. It’s times that republicans fight back hard. The same thing they did to Ted Stephens.

Q when to fuck is Soros, all his organizations, money and people going to banned from America, arrested and prosecuted! Seriously this should be an easy decision