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- Americans keep spending even as prices are spiking. That’s good news for retailers heading into the holiday season, as well as for the economy as a whole, which runs on consumer spending. Adjusted for seasonal swings, US retail sales rose 1.7% in October compared to the previous month, the Census Bureau reported Tuesday.
www.cnn.com/2021/11/16/economy/retail-sales-october/index.html
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Nov 16, 2021 · Americans keep spending even as prices are spiking. That’s good news for retailers heading into the holiday season, as well as for the economy as a whole, which runs on consumer spending.
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Wall Street is cheering after fresh data showed American...
- Stocks surge after retail sales data shows Americans are ...
Jul 16, 2024 · Wall Street is cheering after fresh data showed American consumers aren’t tapping out quite yet, despite a disappointing few months for retailers.
Jun 18, 2024 · The American shopping spree is losing steam. Retailers such as Walmart, Kohl’s and Target have said that shoppers are feeling pinched and are starting to cut back. While lower-income...
Aug 15, 2024 · Although inflation has fallen to its lowest level in three years, Americans are still paying more than they were for groceries, housing and many goods. That has put Walmart in the sweet spot.
Nov 29, 2021 · It's always been a time when Americans buy more, but nearly two years into the COVID-19 pandemic, and Americans are spending way more — outsize amounts of money on things.
- Mary Louise Kelly
Nov 14, 2021 · The National Retail Federation is forecasting that Americans are going to spend as much as $860 billion on holiday shopping. That could mean an increase of as much as 10% from last year, which,...
Dec 2, 2021 · And even in an economy rocked by a pandemic, buying is on track to exceed 2020 levels this holiday season. The result of all that spending means consumption drives 70% of our country's GDP, but...