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Why The Shipping Backlog Won’t Stop Retail Sales

Why The Shipping Backlog Won't Stop Retail Sales

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The port bottlenecks and supply shortages have caused goods shortages. Though, for proof that the supply chain disruption is not damaging the economy much, look no further than Friday’s report that retail sales rose 0.7% in September – a huge positive surprise, since economists were expecting a 0.2% decline.

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