As the summer doldrums roll on, a nap may seem tempting. But stay awake this coming week for a host of data that may give more insight into U.S. consumers. Friday’s retail sales report for July, which showed no gain in contrast with expectations for a 0.4% rise, was something of a puzzler, especially after two-consecutive months of strong employment growth and solid earnings from retailers like Macy’s, Kohl’s and Nordstrom earlier in the week. The retail sales data showed consumers spendi...
As the summer doldrums roll on, a nap may seem tempting. But stay awake this coming week for a host of data that may give more insight into U.S. consumers. Friday’s retail sales report for July, which showed no gain in contrast with expectations for a 0.4% rise, was something of a puzzler, especially after two-consecutive months of strong employment growth and solid earnings from retailers like Macy’s, Kohl’s and Nordstrom earlier in the week. The retail sales data showed consumers spendi...
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