Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’
Important Takeaways:
- Average American family is spending $72-a-month more on food due to inflation as experts predict a recession in 2023
- American families continue to attempt to meet the rising cost of living as inflation continues to plague household budgets
- The most recent CPI report showed that inflation has slowed considerably since the summer, when the figure capped out at 9.1 percent
- Despite slowing inflation, however, a group of experts surveyed by the WSJ says there is a greater than 60 percent chance of recession in 2023
- Moody’s Analytics showed that families are spending an estimated $72 more on food per month than they were a year ago.
- That figure is pulled out of a report that says the typical US household is shelling out $371 on goods and services more than they were a year ago.
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