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US Dollar Marginally Weaker
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5 Articles
Retail sales rose in the US last month, giving a slightly upbeat tone to concerns about the country's economy.
Summer Sales Spending Boosts July US Retail Sales
US retails sales rose in July as consumers took advantage of special summer deals ahead of the higher tariff rates. Revenue increased 0.5% — adjusted for seasonal variation — from the previous month to $726.3 billion, according to data the US Census Bureau released last week. It was the second consecutive month sales improved. “Month-over-month gains were sizable against a weaker-than-normal June.… Consumer spending increased in July, driven by …
US retail sales rose in July, supported by strong demand for cars and promotions from Amazon.com and Walmart. At the same time, a weakening labor market and higher commodity prices could limit consumer spending growth in the third quarter.
US July Retail Sales Rise Driven by Auto Promotions and Sales - Get World Wide Update with Hourly Prime News
The recent data from July reveals a notable upswing in retail sales across the United States, marking a promising trend in consumer spending. At the heart of this surge lies the automotive sector, which has played a pivotal role thanks to aggressive promotions and attractive sales offers. This renewed consumer activity not only signals a resilient economic recovery but also underscores the strategic importance of automotive promotions in influen…
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