Retailers are stocking more stuff, a good sign for the economy
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Description
The most recent issue of the Logistics Managers Index, an industry gauge of retail inventories, showed that sellers expanded their stocks in January. That suggests that consumer demand is remaining strong and that supply chains are sorting themselves out, all good signs for the economy. We spoke with Dr. Julie Varughese, senior vice president of programs and chief medical officer at Americares, a disaster relief nonprofit, about the recent earthquakes in Turkey and Syria. And what’s behind Fed Chair Powell’s most recent words on inflation and rate hikes? Need some Econ 101? Sign up for our Marketplace Crash Course and get weekly lessons to complete at your own pace!
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