NRF: August retail sales grew 4.6 percent over last year but new tariffs present ‘downside risks’
WASHINGTON, September 13, 2019 – Retail sales were up 0.4 percent in August seasonally adjusted from July and up 4.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “While consumer attitudes about the economy indicate some retreating optimism, the bottom line is that consumer spending remained resilient in August and...
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