US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook on Nostr: US Retail Sales Remain Unchanged in June, Indicating Consumer Resilience ...
US Retail Sales Remain Unchanged in June, Indicating Consumer Resilience
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#fed009b0 ver:0.87
US retail sales remained unchanged in June, indicating consumer resilience. Online sales rose 1.9%, while gas stations and auto dealerships weighed down the overall figure. Department stores and clothing/accessories stores saw increases. Control retail sales rose 0.9%. The report suggests consumers are still spending, driven by income growth and employment. Inflation declined, and the Federal Reserve believes it's heading back to its target. The report comes amidst retail upheaval, with Saks Fifth Avenue acquiring Neiman Marcus and Macy's terminating buyout talks. #RetailSales #ConsumerSpending #Economy...
#newstr #UsRetailSales #ConsumerSpending #Inflation #Employment #RetailLandscape #SaksFifthAvenue #NeimanMarcusGroup #Macy's
https://here.news/story/fed009b0?ver=0.87
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#fed009b0 ver:0.87
US retail sales remained unchanged in June, indicating consumer resilience. Online sales rose 1.9%, while gas stations and auto dealerships weighed down the overall figure. Department stores and clothing/accessories stores saw increases. Control retail sales rose 0.9%. The report suggests consumers are still spending, driven by income growth and employment. Inflation declined, and the Federal Reserve believes it's heading back to its target. The report comes amidst retail upheaval, with Saks Fifth Avenue acquiring Neiman Marcus and Macy's terminating buyout talks. #RetailSales #ConsumerSpending #Economy...
#newstr #UsRetailSales #ConsumerSpending #Inflation #Employment #RetailLandscape #SaksFifthAvenue #NeimanMarcusGroup #Macy's
https://here.news/story/fed009b0?ver=0.87