The US Bureau of Labor of Statistics will be releasing its June inflation data this Tuesday, with economists forecasting a slight uptick in consumer prices because of the impact of tariffs. FRANCE 24 spoke to Nela Richardson, Chief Economist at ADP, about the impact of import duties on US inflation. Also in this edition: the French government considers a spending freeze in a bid to find €40 billion in savings and cut the deficit.
Whether it affects inflation or not, it is having a negative impact on my small business. I own a brick and mortar game shop, people are spending far less than normal. They are worried about food and other necessities to be able to spend on leisure.
January and June are the only two months I have not had to play rent and other bills for the shop out of savings. I have not had to do that for 6 years, not even during COVID.
I have an electrical contracting business, and our workload has been all over the place. Several weeks completely dead, several weeks slammed, some weeks with just a handful of service calls but no installations. Normally we’re pretty slow from January through March, but this year the slow hasn’t stopped. Anyone who says we aren’t in a recession is smoking the good stuff.
Yet I talk to friends in rural Colorado and Idaho, and they’re busier than ever.
Suddenly you having your GW rep on speed dial makes sense to another comment I read yesterday.
lol that was actually my weekly stock check call. I happened to ask about the Space Wolves Combat Patrol while on the call.
Comment referenced: https://sopuli.xyz/comment/17810660