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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 15:03:39

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; Industrial Production Surpasses Expectations
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#fed009b0 ver:0.96

US retail sales remained flat in June, but online sales rose 1.9% and clothing/accessories store sales increased 0.6%. Industrial production surpassed expectations, with a 0.6% growth in June. Manufacturing output rose 0.4% and capacity utilization reached 78.8%. Despite steady retail sales, future outlook is less optimistic as households focus on essential needs and become more price-sensitive. #USretailsales #onlinesales #industrialproduction...

#newstr #UsRetailSales #Consumption #Economy #UsIndustrialProduction #Manufacturing #FactoryOutput #CapacityUtilization #ConsumerGoods

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