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US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook /
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2024-06-27 15:02:52

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, Global Goods Demand Weakens: Report
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#fed009b0 ver:0.69

US retail sales growth slows in May as consumers face inflation and high interest rates, raising concerns about economic growth. Gas station sales decline 2.2%, while specialty stores see strongest spending. Online sales rise 0.8%. The report suggests weakness in the US economy and potential for a recession. #RetailSales #Inflation #InterestRates #EconomicGrowth #Recession...

#newstr #UsRetailSales #ConsumerSpending #FederalReserve #InterestRates #Inflation #ManufacturingProduction #GlobalGoodsDemand #GlobalGrowthOutlook

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