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Census Bureau

Business
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

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by Chris Spiker
Lifestyle
New Rankings Reveal Connecticut's Richest Municipality New Rankings Reveal Connecticut's Richest Municipality
New Rankings Reveal Connecticut's Richest Municipality Ever wonder what the richest part of Connecticut is? Brand-new rankings listing the richest municipality in each state may come as a surprise. Stacker said it used the most recent Census Bureau American Community Survey Five-Year Data (as of August 2024) to calculate its rankings. "The 'richest town' can look quite different from state to state, with some being far wealthier than others," Stacker said. "Locations are ranked by median household income, with ties broken by the percentage of people annually earning more than $200,000," according to Stacker. "Any places with a population smal…

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by Joe Lombardi