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US economy GDP declines, Korean industry recession ‘consumption stimulus’ department store rises highest As the US economy cools down due to the first quarter recession, Korean industry has been decreasing in April and May, and only finance has increased, and department stores show the abnormal pattern of the highest increase in sales of 3.1% due to government consumer stimulus from decreased co..

US luxury consumption growth, trade deficit widening, low-income class tension, inflation ‘return’ The United States' first quarter economic indicators revealed tensions among low-income households in restoring inflation due to the growth of luxury consumption and the expansion of the trade deficit. The U.S. Department of Commerce announced on the 25th that gross domestic product (GDP) increased..

Investor meetings and performance announcements in the United States show a polarization in which the mainstream has recently focused on the concept of premiumization, resulting in low-cost production declines, second-hand prices are high, and low-income people are pushed out of the market due to the concentration of high-priced luxury luxury consumption production. The New York Times reported o..

The trade deficit recorded US$9.5 billion in August, doubling every month since May, and semiconductor exports grew negatively by -0.2%. Statistics from the Korea Customs Service showed that imports increased by 28.2% (year-on-year) from a deficit of USD 9.487 billion in August, and exports rose 6.6% to USD 56.758 billion. $4.9 billion → February: $1.02 billion → March: $120 million → April -$2...

The gap between the rich and the poor widened due to the economic recession and the oversupply stimulus, the polarization of the luxury market and the low-cost market progressed, and the government started a policy to regulate household loans. Imports of imported cars and high-priced consumer goods from Europe surged, and imports in the first quarter surged 12% year-on-year, and new loans for se..