U.S. retail sales were unchanged in June, a display of consumer resilience that bolstered economic growth prospects for the second quarter. It did not change expectations that the Federal Reserve could start cutting interest rates in September amid cooling inflation Retai...
US retail sales have grown steadily over the past decade. In 2013, total sales amounted to $4.46 trillion. Fast forward to 2023, and that number has grown to$7.22 trillion—the highest US retail sales recorded in a calendar year so far. This is a whopping 61.9% increase in just a decad...
US retail sales miss expectations, point to slow growthReuters
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mostly made up of online retailers jumped 2.8% last month, the largest increase since January. That figure was likely boosted by Amazon’s Prime Day sale for its members on July 15. Online sales have soared 16% in the past 12 months, compared to a 3.4% rise for overall retail sales. ...
U.S. retail sales fell for the first time in seven months in September, raising fears that a slowdown in the American manufacturing sector could be starting to bleed into the consumer side of the economy. The Commerce Department said Wednesday that retail sales dropped 0.3% last month as hous...
The US retail sector could take years to recover from the impact of the coronavirus, and the hit could be worse than that of the Great Recession. According to eMarketer’s latest forecast on US retail sales (which includes auto and fuel), total retail sales will drop by 10.5% this year...
Retail Sales Social Commerce Browse All→ Technology Connected Devices 5G Artificial Intelligence (AI) Browse All→ Financial Services Banking Payments Fintech Wealth Management Browse All→ More Industries Real Estate Customer Experience B2B Travel ...