by Jiana Smith | Apr 15, 2024 | Featured, Inflation, Retail
The U.S. Census Bureau will release its monthly retail sales report on Monday. Economists surveyed by Bloomberg expect a 0.4 percent gain in retail sales for March. Thus far, retail sales have trended softer this year than in 2023, with an unexpected 1.1 percent drop...
by Jiana Smith | Mar 23, 2024 | Retail
US retail sales rose less than expected in February, a possible sign of a softer economy, but not necessarily of consumer weakness. February retail sales rose a seasonally adjusted 0.6 percent according to a Census Bureau report on Thursday. This was lower than the...
by Jiana Smith | Feb 21, 2024 | Featured, Retail
US retail sales dropped more than anticipated in January, a sign of economic slowdown, but not necessarily a sign of oncoming recession. January retail sales declined a seasonally adjusted 0.8 percent according to a Census Bureau report on Thursday, lower than the...
by Tiara White | May 16, 2023 | Retail
Economists predict retail sales in April will rise to 1.0%, not adjusted for inflation after a decline in retail sales in March – indicating consumers are slowly spending their money in an economy with high inflation and interest rates. 1.What Economist Predict In...
by Tiara White | Mar 22, 2023 | Featured, Retail
After a strong month in January of consumer spending, retail sales decreased in February, an indication that the economy is slowly cooling, but inflation is still high, which may cause the Fed to raise interest rates. Retail sales decreased in February, indicating...
by Tiara White | Feb 24, 2023 | Retail
Surprising results for January, increased retail sales could sway the Federal Reserve efforts to raise interest rates even higher to effectively slow down the economy. Retail sales spiked in January, an indication of increased spending by consumers that could force...