Retail Sales Up 1.0% in July 2024, Better Than Expected
August 15, 2024 at 11:22 AM EDT
The Census Bureau’s Advance Retail Sales Report for July revealed headline sales were up 1.0% last month. The latest reading was more than double the expected 0.4% monthly growth in consumer spending. For an inflation-adjusted perspective on retail sales, take a look at our Real Retail Sales commentary. Here is the introduction from today’s report: [...] The post Retail Sales Up 1.0% in July 2024, Better Than Expected appeared first on ETF Trends .
