What inflation, retail sales and relief payments are telling us about the economic recovery
We got some inflation news this week, with consumer prices up 4.2% year over year. Retail sales in April were flat: 0% growth. And the latest $1,400 round of stimulus checks boosted Americans’ bank accounts. On today’s show: What all that means for economic recovery. Also, how retail workers are navigating new mask guidance from the Centers for Disease Control and Prevention, how Biden’s global tax plan will affect his beloved Ireland, and why a northern Michigan retailer is banking on a summer with lots of foot traffic. Donations from listeners power our nonprofit news. Your gift will support the journalism that keeps you and thousands of others informed every day. Become a Marketplace Investor: marketplace.org/donate
