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US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook /
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2024-05-23 04:58:37

US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook on Nostr: US Retail Sales Fall Short of Expectations, Indicating a Slowdown in Consumer ...

US Retail Sales Fall Short of Expectations, Indicating a Slowdown in Consumer Spending
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#fed009b0 ver:0.41

US retail sales fall short of expectations, indicating a slowdown in consumer spending. Stagnant sales and downward revisions raise concerns about the strength of consumer demand. High household debt, elevated prices, and interest rates may limit discretionary purchases. Softening consumer demand and weak retail sales support a potential recession and a September rate cut by the Federal Reserve. Mixed picture for the economy with signs of resilience and cautious optimism. #RetailSales #ConsumerSpending #EconomicOutlook #RecessionRisk #RateCut...

#newstr #UsRetailSales #ConsumerSpending #HouseholdDebt #RecessionWarning #CommerceDepartment #WallStreet #Inflation #InterestRates #NonstoreRetailers #ClothingAndAccessoriesStores #GasolineSales #FederalReserve

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