Early Retail Numbers Looking Good, Says White House Economist
White House Chief Economist Joe Lavorgna expressed optimism Wednesday about retail sales during the Christmas holiday season during the pandemic, saying early shopping numbers and other economic indicators suggest a good period for the business.
“The job numbers have been excellent, and the income trends have been excellent,” Lavorgna told “Just the News AM.” “Those are all very good things which should lead to a very strong holiday shopping season.”
Retailers and other business owners hit by the pandemic are hoping for a good season, considering the period from roughly Thanksgiving to Christmas Days is typically the busiest buying time of the year. KEEP READING
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