For the first time in nearly two years, retail sales declined two months in a row, highlighting once again the current challenges facing a retail industry that has suffered a number of bankruptcies and store closures so far in 2017. [More]
commerce department
Americans Shopped Less In December, Bought More Furniture And Booze
By 1.14.15
If you tried to find a parking space at your local mall at any time last month, you might think that Americans were in a spectacular shopping frenzy. That may have been the case, but consumers’ total spending across the whole economy was down in December, falling further than government economists had expected it to. [More]
Gov’t Report: True High-Speed Broadband Competition In The U.S. Remains Largely Nonexistent
By 12.18.14
You know broadband competition in most parts of the country is terrible. We know broadband competition in most parts of the country is terrible. The FCC knows broadband competition in most parts of the country is terrible. Heck, even Comcast kinda sorta knows that broadband competition is mostly terrible. And so the findings of a recent major government report, which finds that broadband competition is really terrible, should not be a surprise. [More]
