GOP candidates will have a hard time convincing voters that the economy is in a shambles, and the only way out would be to elect Republicans to high office.
The American economy jumped by 7 percent as the year ended, according to the latest report from the Bureau of Economic Analysis, following an increase of 2.3 percent in the third quarter of 2021.
The jump was prompted by an upturn in exports as well as more consumer spending and inventory output, the agency said.
Separately, the Census Bureau said home sales faded by 4.5 percent in January of this year, following a jump of 12 percent in December.
More recently, prices overall are said to be rising sharply, with providers blaming the tension in Ukraine, which broke out into military action today. And the stock market plunged, as some observers cited the same reason.
What all that has to do with everyday prices of groceries and gasoline, which take months to reach local marketplaces, is another question.
The American economy jumped by 7 percent as the year ended, according to the latest report from the Bureau of Economic Analysis, following an increase of 2.3 percent in the third quarter of 2021.
The jump was prompted by an upturn in exports as well as more consumer spending and inventory output, the agency said.
Separately, the Census Bureau said home sales faded by 4.5 percent in January of this year, following a jump of 12 percent in December.
More recently, prices overall are said to be rising sharply, with providers blaming the tension in Ukraine, which broke out into military action today. And the stock market plunged, as some observers cited the same reason.
What all that has to do with everyday prices of groceries and gasoline, which take months to reach local marketplaces, is another question.
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