The Economy, Inflation, And Holiday Spending
Since inflation first spiked 18 months ago, Americans have been spending consistently. But it seems like that is beginning to change.Retail numbers fell 0.6 percent in November according to a report by the U.S. Department of Commerce. The Federal Reserve raised interest rates to fight inflation, but that hasn't helped to keep prices low. We get into the reasons why and check in on the state of the economy.Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Find us on Twitter @1A.