✉news BusinessRetail first seen 17 h ago, last 13 h ago, peak #26
US Retail Sales Rise Modestly in August
Original: U.S. Retail Sales Rise Modestly in August, CNBC/NRF Retail Monitor Shows
US retail sales increased at a modest pace in August, according to the CNBC/NRF Retail Monitor. The reading offers an early, card- and payment-based snapshot of consumer spending, and suggests demand held up but did not accelerate heading into the fall shopping season.
Why now: Investors and retailers are watching consumer spending data closely for signals about the health of the US economy and the outlook for holiday sales.
CNBCNational Retail FederationUnited States
Evidence
- U.S. Retail Sales Rise Modestly in August, CNBC/NRF Retail Monitor Shows · visionmonday.com
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