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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 12:04:37

US Retail Sales Face Challenging Start in 2024 Amidst Decline and Uncertain Economic Outlook on Nostr: US Retail Sales Report for June to Provide Insight into Consumer Behavior and Impact ...

US Retail Sales Report for June to Provide Insight into Consumer Behavior and Impact the USD
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#fed009b0 ver:0.72

US retail sales in June will provide insight into consumer behavior and impact the USD. May sales fell short of projections, indicating softening consumer demand and raising concerns about economic growth. Gas station and furniture sales declined, while specialty stores and online sales saw increases. High interest rates and inflation are weighing on consumers. The report suggests potential weakness in the US economy and the likelihood of a recession. The Federal Reserve may consider a rate cut in September. #RetailSales #ConsumerBehavior #USD #EconomicGrowth #Recession...

#newstr #UsRetailSales #HongKongRetailSales #ConsumerSpending #Ecommerce #Inflation #ApparelSales #HealthAndPersonalCare #GroceryAndBeverageSales #ElectronicsAndApplianceSales #FurnitureAndHomeFurnishingsSales #BuildingAndGardenSupplySales

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