Posted on 07/26/2021 6:32:09 AM PDT by ChicagoConservative27
Concerns about the fast-spreading COVID-19 Delta variant may be causing consumers to rethink that visit to a summer party, a long-awaited vacation adventure, a walk to the local bar or some new threads for a day back in the office.
"Survey data point to increased concern over being in physical locations because of the virus," said Bank of America economists Michelle Meyer and Stephen Juneau in a new piece of research.
Thus far, consumer spending has hung tough amidst the surge. BofA's tracking of Google mobility data, air passenger traffic, OpenTable reservations, gasoline demand and box office receipts have continued to post gains.
But, cracks in that trend have emerged.
(Excerpt) Read more at finance.yahoo.com ...
Full Court Fear Press
Preemptive excuse for any upcoming economic bad news. I truly envy the leftists’ team. They are relentless in the pursuit of their Utopia.
Goldie downgraded H2 GDP growth, but still have a higher number than most. Full-year real GDP growth guesstimate is 6.6%
The people filling the national parks aren’t all out buying Chinese crap.
Meanwhile, as Biden continues to destroy our economy his approval ratings are sinking like a rock. 2022 can’t come soon enough.
I bet it’s going to be even higher. Of course they can rig the numbers by selecting the criteria.
I know, right???
What bizarre timing of events, to consider that we thought we were at the end game, with more vaccinated than ever before, and life getting back to normal. But then all of a sudden, now we are told we are threatened by this “Delta variant”, and that this Delta variant is more contagious than the original virus, and that restrictions on activities may well happen again.
That seems to be where things stand.
The flu disappeared because the test could not tell the difference between COVID and flu cases.
When are we going to ever know the truth about COVID and vaccines?
Yup! It is!
Cash flow projections dropped like a rock for the 3rd quarter after McConnell warned of another round of lockdowns.
Instead, I am seeing a rash of last minute travel bookings trying to book before Labor Day.
The government’s chatter is going to cause an economic crash.
Oh noes!!!!
When the productive livestock is all locked up and cannot work their pay goes down and therefor so does their spending. Simple.
That’s certainly what the Democrats/media would like to see.
No one I know is even remotely buying the delta bs.
Yeah Delta variant is just fake. There’s no such thing. All the antivaxxers in the hospital are just faking it because they were traitorous plants in the first place. Phil Valentine was part of a long-con grift. Who knew?
Oh crap I better go buy a bunch of toilet paper, hand sanitizer, and disinfecting wipes.
“Full-year real GDP growth guesstimate is 6.6%”
That’s a very high number.
Honestly they bought a lot of China crap before going to the parks. The only things not from China are food coffee beer and gasoline. Everything else? Camera, binoculars, hats, shoes, water bottle, phone, most parts of their cars…
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