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US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook /
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2024-06-19 03:03:51

US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook on Nostr: US Retail Sales Growth Slows in May as Consumers Face Inflation and High Interest ...

US Retail Sales Growth Slows in May as Consumers Face Inflation and High Interest Rates
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#fed009b0 ver:0.65

US retail sales growth slows in May, falling short of projections. Gas station sales decline 2.2%, while specialty stores see a 2.8% jump. High interest rates and inflation weigh on consumers, raising concerns about the strength of the economy. The Federal Reserve may consider a rate cut in September. #RetailSales #Economy #Inflation #InterestRates...

#newstr #UsRetailSales #ConsumerSpending #FederalReserve #InterestRates #ManufacturingProduction

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