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US retail

US retail latest

US retail
August 18th, 2024 - 08:08 GMT

US retail sales figures show strong spending start in Q3

US retail sales figures for July show a strong spending start for the third quarter, according to a report by research group organization the Conference Board. "Nominal retail sales jumped by 0.97 month-over-month in July and real retail sales grew by 0.81 percent, starting third quarter consumption off on a strong note," Dana Peterson, chief economist at the Conference Board, said in the report released Thursday. Real retail sales, meanwhile ...
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