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Tag Archives: Retail Sales

US Economic Momentum Slows, Rate Cut Possibility Rises 

Retail sales in the United States remained flat in April 2024, showing no change from the previous month. This followed a downwardly revised gain of 0.6% in March and defied market expectations of a 0.4% rise, suggesting consumer spending has slightly eased.   Out of the 13 categories tracked, 7 posted declines. Significant drops were seen […]

Robust U.S. Retail Sales Drive Dollar’s Surge 

In March 2024, retail sales in the United States increased by 0.7% from the previous month. The rise followed a revised increase of 0.9% in February, which was significantly higher than the anticipated 0.3%. Such figures indicate that consumer spending is holding strong.  Among the 13 major categories, sales rose in eight. Notable jumps were […]