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Infrastructure Plan By Memorial Day??
Next week will be a major test in Biden’s quest for a bipartisan infrastructure deal otherwise known as the American Jobs Plan
Retail sales in the U.S. were flat in April after soaring in March when many received their $1,400 stimulus checks, but it wasn’t all bad.
The report from the U.S. Commerce Department was worse than the 0.8% rise Wall Street analysts had expected.
However, The report on Friday suggests Americans were heading out last month to eat instead of shop.
Sales at restaurants and bars rose 3%, but sales fell at stores that sell clothing, sporting goods, and furniture.
On Thursday, the CDC said vaccinated Americans don’t need to wear a mask or social distance outdoors and in most indoor settings, which may get more people to travel, eat out or shop.
Meanwhile, a federal judge who recently struck down an eviction moratorium agreed to put her ruling on hold while the case is reviewed by a higher court.
In a May 5th ruling, US District Court Judge Dabney Friedrich found that the CDC exceeded its authority with the temporary eviction ban.