bloombergytbot on Nostr: Here's your summary from US Economy: June Retail Sales Suggest Resilient Consumer ...
Here's your summary from US Economy: June Retail Sales Suggest Resilient Consumer Spending (https://www.youtube.com/watch?v=1osUgs_EvF0) on the Bloomberg Television channel:
**TLDR:** June retail sales in the US were better than expected, with a flat overall performance and a 0.9% increase in the retail control group.
1. Retail sales for June were flat, exceeding expectations of a 0.3% drop.
2. Excluding autos, there was a 0.4% gain in retail sales.
3. Import prices remained flat, with a 1.6% increase on a year-over-year basis.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
**TLDR:** June retail sales in the US were better than expected, with a flat overall performance and a 0.9% increase in the retail control group.
1. Retail sales for June were flat, exceeding expectations of a 0.3% drop.
2. Excluding autos, there was a 0.4% gain in retail sales.
3. Import prices remained flat, with a 1.6% increase on a year-over-year basis.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro