10-31-23 consumer spending continues to expand
The nation's economy expanded at a robust 4.9 percent annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace. Retired Ripon College economist Paul Schoofs is surprised. "I definately would have thought you were kidding me if you had told me six months ago that would be the number," Schoofs told WFDL news. "In fact I […]