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Posts published in “Uncategorized”

Consumers in the ‘Saving Phase’? US Retail Sales Surprise the Market

US retail sales increased more slowly in September, signaling that consumer demand is starting to weaken as the country has just emerged from a government shutdown that delayed the release of key economic data. Core retail sales rose only 0.2%, well below market expectations and half of August’s growth. Retail sales excluding automobiles, gasoline, building materials, and services […]