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US retail sales increase strongly; softening labor market a headwind
U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to ... Read More
A good sign for the US economy? August retail sales rise, beat expectations
Economists said the August jump in spending was driven in part by back-to-school shopping and consumers still trying to get ahead of tariffs. Most retail categories posted a gain in August, with ... Read More
The Economy Was Weak in August. Retail Sales May Buck the Trend.
B y most accounts, August was a weak month for the U.S. economy. Hiring slowed, unemployment rose, and inflation ticked higher. Consumer spending could buck the trend. Economists are expecting retail ... Read More
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