- June 18, 2021
- Posted by: Stratford Team
- Category: Business
CNN– Americans are changing up their wardrobes as more of the country reopens. The U.S. Census Bureau released its monthly retail sales report and found the clothing industry is seeing a big boost. Clothing and accessories stores reported sales increased 3% between April and May, and a whopping 200% between May of last year and this year. More people are also going out to restaurants and bars. They reported sales were up nearly 71% from last year.
From employee to entrepreneur, a new report finds Americans are starting their own businesses at a record rate this year. The U.S. Census Bureau reports 2.5 million new business applications were filed for this year alone. That’s already more than half of the businesses formed in all of 2020, even though last year’s 4.4 million new businesses was the biggest increase on record.
The Fourth of July might be more than two weeks away, but you could find yourself empty handed this…
