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US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook /
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2024-07-16 19:55:33

US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook on Nostr: US Retail Sales Remain Unchanged in June, Indicating Consumer Resilience ...

US Retail Sales Remain Unchanged in June, Indicating Consumer Resilience
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#fed009b0 ver:0.85

US retail sales remain unchanged in June, indicating consumer resilience. Gas stations and auto dealerships weighed down overall figures, but online sales and clothing/accessories store sales increased. Control retail sales rose 0.9%. Consumers are still spending, driven by income growth and employment. Retailers face value-conscious consumers relying on credit cards. Inflation declined, and the report comes amidst retail upheaval. #RetailSales #ConsumerSpending #Inflation #RetailIndustry...

#newstr #UsRetailSales #ConsumerSpending #Inflation #Employment #SaksFifthAvenue #NeimanMarcusGroup #Macy's

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