International Economic

US retail sales unexpectedly inch higher

By Benjamin Chiou

Date: Tuesday 17 Sep 2024

(Sharecast News) - Retail sales unexpectedly rose in August, though growth was only minor suggesting that consumers remained cautious about spending in light of tough economic conditions.
According to the US Census Bureau, advance retail and food services sales rose to $710.8bn last month, up 0.1% from July.

That was...

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