Talking Points, May 25,2020

 May 25, 2020

In March, the savings rate in the United States climbed to 13.1% – the highest rate since November 1981. CNN, April 30, 2020

U.S. spending on food away-from-home accounted for 54.4% of total food expenditures in 2018. USDA, August 26, 2019

Last week, the U.K. sold its first government bond with a negative interest rate, auctioning off 3-year bonds at an average rate of -0.003%. CNBC, May 20, 2020

In March, children’s melatonin supplements- chewable gummy bears laced with one milligram of the sleep aid, saw sales pop 87% year-over-year. The New York Times, May 18, 2020

Online sales of pajamas surged 143% in April from March, while purchases of pants fell 13%. CNBC, May 12, 2020

The incidence of STDs in New York City has plunged 80% since the start of the pandemic, an obvious benefit of social distancing. The New York Post, April 25, 2020

“Patriotism is supporting your country all the time, and your government when it deserves it.” Mark Twain

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