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RSS FeedsJuly Retail Sales Show Strong Gains But Stock Market and Tariffs Could Lead to Caution ...
(WorldNews Business)

 
 

15 august 2019 18:46:47

 
July Retail Sales Show Strong Gains But Stock Market and Tariffs Could Lead to Caution ...
(WorldNews Business)
 


WASHINGTON--(BUSINESS WIRE)--Aug 15, 2019-- Retail sales were up 0.9 percent in July seasonally adjusted from June and up 5.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. `July´s strong results are consistent with a confident consumer,` NRF Chief Economist Jack Kleinhenz said. `Households are in good shape with spending and that should continue as long as the labor market remains healthy. But it´s important to remember that today´s data is looking backward at what was happening a month ago. The impact of volatile financial markets and increased trade tensions in...


 
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