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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
This Is Virginia's Wealthiest Town, New Report States This Is Virginia's Wealthiest Town, New Report States
This Is Virginia's Wealthiest Town, New Report States Virginia's richest town has an apt name, and longstanding history in the state, according to a new ranking. Stacker.com released a new report regarding the most wealthy towns in the US, and the DC suburb earned top marks for its "peaceful, park-like community filled with amenities and conveniences." The company used the most recent Census Bureau American Community Survey Five-Year Data (as of August) to determine the country's 50 most wealthy towns. Locations were ranked by median household income, with ties broken by the percentage of people annually earning more than $200,000. Any plac…

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by Zak Failla