Retail sales in the United States grew faster than expected
Retail sales and hospitality sales in the United States increased more than expected for the fifth consecutive month, indicating that consumer confidence is driving economic growth with continued unabated spending.
The US Department of Commerce announced on Thursday that the seasonally and calendar adjusted value of retail sales and hospitality in July was 523.5 billion USD at current prices, which is a 0.7 percent increase, compared to the previous month. Analysts expected 0.3 percent growth from the previous month. (MTI)
Related news
AI in customer service: tangible business benefits in retail
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Lex trappist – lex cucumber
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: purchasing power is increasing, retail trade is expanding – family tax cuts and food vouchers for pensioners are further strengthening turnover
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >How do we get started if we are not yet present in online commerce?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
