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Correspondence - #22
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04/18/2023 Special and Regular
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Correspondence - #22
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4/17/2023 3:21:01 PM
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City Clerk
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4/18/2023
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I <br /> � I <br /> nl <br /> 1� <br /> VERSACE <br /> DOLCE&GABBANA <br /> Overall purchases at stores,restaurants and online declined in March. <br /> PHOTO:LM OTERO/ASSOCIATED PRESS <br /> Declining retail sales "is the type of slowing policy makers would want to see," said Sonia <br /> Meskin, an economist at BNY Mellon Investment Management. "The consumer has remained <br /> overall remarkably resilient in the face of rate rises by the Fed," she said. <br /> The U.S. economy grew at a solid pace in the first quarter, recent data indicate, in part <br /> reflecting a surge in January retail spending. <br />
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