Goods Spending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

more school age children have died from guns than on-duty police officers and active duty military combined. think about that. more kids than on-duty cops killed by cops, more kids than old engin soldiers killed by guns. for igod's sake, how much more carnage will we accept? it is time to do our part, time to act for the children we've lost. the children we can save. for the nation we love. let's hear the call and the cry, let's meet the moment, let us finally do something. >> speaking of doing something, senate debate has gun. and danie daniella diaz will be us, but let's start with...

Consumers continue to spend. boosted by those stimulus dollars that went directly to their pocketbooks. the question is going forward as we see this shift back into services as the economy opens up, there will be less goods spending, maybe less durable, big ticket items spending like houses and cars that shift to services, might also be in conjunction with higher inflation for services. so we might see a lisadow dslow spending. >> certainly a period for the history books. thank you for charting it through for us. have a nice weekend. >> you too. and always enjoy listening to you two. i alway...

Where it all started? >> the original sin is really the change in consumption patterns that occurred as a result of the pandemic. you go back to last year when many of us were trapped at home. we all stopped going out and spending money at restaurants, ballparks, theaters, concerts. and most of us started ordering more stuff on walmart, amazon, elsewhere, laptops, furniture, clothes, what have you. so if you look at the nature of the economy, services always dominates the u.s. economy. makes up about 70% of spending. but the goods side of things, goods spending went down about four months, sur...

The breakdown feeds on itself. >> is there a kind of original cause to this, what's going on right now? or is it just so complicated one can't even pinpoint a place where it all started? >> the original sin is really the change of consumption patterns that occurred as a result of the pandemic. you go back to last year at this time when many of us were trapped at home. we all stopped going out and spending money at restaurants, ballparks, theaters, concerts. and most of us started ordering more stuff on walmart, amazon, elsewhere, laptops, furniture, clothes, what have you. so if you look at th...