retail-sales-decline-in-may

Retail Sales Decline in May

Retail sales and food-services spending fell 0.3 percent in May following a 0.7 percent gain in April. From a year ago, retail sales are up 8.1 percent. Total nominal retail sales remain well above the pre-pandemic trend (see first chart). However, these data are not adjusted for price changes. In real terms, total retail sales…

jagm:-lockheed-martin’s-new-short-range-air-defense-system?

JAGM: Lockheed Martin’s New Short-Range Air Defense System?

Defense News reported this morning that Lockheed Martin is considering whether its Joint Air-to-Ground Missile, or JAGM, can be reconfigured as a mobile, short-range air defense system.  “It’s a concept we have,” Rita Flaherty, Lockheed’s VP for strategy and business operations in the company’s Missiles and Fire Control sector, told Defense News. “We think it…

another-us-food-processing-plant-erupts-in-flames

Another US Food Processing Plant Erupts In Flames

Another US Food Processing Plant Erupts In Flames Another food processing plant went up in flames. According to local news Stevens Point Journal, a fire ripped through a pizza-making plant in Wisconsin on Monday.  More than 70 firefighters from multiple fire departments battled a massive fire at Festive Foods in eastern Portage County that began around 0900…