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US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook /
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2024-05-15 20:57:51

US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook on Nostr: US Retail Sales Remain Unchanged in April Amidst Inflation and Interest Rate Concerns ...

US Retail Sales Remain Unchanged in April Amidst Inflation and Interest Rate Concerns
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#fed009b0 ver:0.38

US retail sales remained unchanged in April, falling short of expectations and raising concerns about consumer spending. Excluding gas and auto sales, retail sales fell 0.1%. Online business dropped 1.2%, while electronics stores saw a 1.5% increase. Rising inflation and interest rates are impacting consumer spending. Traditional retailers face challenges as e-commerce continues to grow. Despite the slowdown, there is cautious optimism among retailers and consumers. #RetailSales #Economy #ConsumerSpending #Inflation #InterestRates #ECommerce...

#newstr #UsRetailSales #Inflation #InterestRates #ConsumerSpending #FederalReserve

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