✉news BusinessRetail first seen 15 h ago, last 48 min ago, peak #3
US retail sales rise for 11th consecutive month in August
Original: US retail sales rise for 11th consecutive month in August, NRF reports
US retail sales increased for the eleventh month in a row in August, according to the National Retail Federation. The sustained growth points to continued strength in consumer spending, a key driver of the American economy, and will be closely watched by retailers and economists assessing the durability of demand heading into the holiday season.
Why now: Continuous monthly retail growth signals resilient consumer demand, which matters for the economic outlook.
National Retail FederationUnited States
Evidence
- US retail sales rise for 11th consecutive month in August, NRF reports · Retail Insight Network
- US retail sales rise for 11th consecutive month in August, NRF reports · Retail Insight Network
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