✉news BusinessRetail first seen 1 d ago, last 22 h ago, peak #15
US Retail Sales Extend Growth Streak to 11 Months
Original: Retail Sales Post 11th Straight Month Of Growth In August.
Retail sales rose again in August, marking the eleventh consecutive month of growth, according to a report circulating in business news. The sustained streak points to steady consumer demand despite ongoing concerns about inflation and higher interest rates. Commentators are watching whether shoppers can keep spending at this pace heading into the final months of the year.
Why now: An unusually long run of monthly retail sales growth signals resilient consumer spending at a time of economic uncertainty.
Evidence
- Retail Sales Post 11th Straight Month Of Growth In August. · insideradio.com
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