Trademagazin > News and articles > Market News > U.S. retail sales growth expansion under expectations
U.S. retail sales growth expansion under expectations
The U.S. retail sales growth showed a less than expected increase, mainly due to the declining demand for building materials and the weaker traffic of the restaurants beside the winter weather.
The value expected by analysts was 0.5 percent, while the actual value was 0.3 percent. The turnover increases for seven months now, although this growth is the smallest value since the last summer. The value without car sales was equal to the 0.3 percent growth, but a 0.5 percent increase was expected in this sector – reports tozsdeforum.hu.
Related news
More related news >
Related news
Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >There are many applications, yet effective recruitment is often a challenge for domestic companies
The experiences and ideas of Hungarian companies regarding workforce management…
Read more >