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US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook /
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2024-07-17 08:02:23

US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook on Nostr: US Retail Sales Remain Flat in June as Consumption Cools, Online Sales Rise ...

US Retail Sales Remain Flat in June as Consumption Cools, Online Sales Rise
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#fed009b0 ver:0.92

US retail sales in June remained flat, with a 0.3% decline in auto sales and a 0.8% increase in core sales. Online sales rose 1.9%, while clothing and department stores saw modest increases. The report suggests consumers are still spending, driven by income growth and employment. The Federal Reserve may cut rates in September as the economy cools. #RetailSales #ConsumerSpending #Economy...

#newstr #UsRetailSales #Consumption #Economy #FederalReserve

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