Retail sales for July rose 1.2% vs. 2.3% estimate

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Consumers spent less than expected in July as a boom in retail sales cooled while efforts to reopen the econmoy stalled. Retail sales rose 1.2% for the month, against the expected increase 2.

Consumers spent less than expected in July as a boom in retail sales cooled while efforts to reopen the econmoy stalled. Retail sales rose 1.2% for the month, against the expected increase 2.3% in July from economists surveyed by Dow Jones.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

REWRITE: 'Retail sales for July rose 1.2%.'

And Trump still doesn’t have a national COVID19 plan.

Futures green and Tesla up 20% in 3 days over split news 🤣

Stil rose.

beardedcrank V shape failure.

Uh oh spaghetti o's

Whoops. I would have taken the over.

People don't have'Mony' to Spend!!!!!

More winning!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

July Retail Sales Likely Slowed After Brisk GainsThe Commerce Department is set to report July retail sales Friday, as households appear to be tightening their spending on retail goods and services, sapping momentum from the budding economic recovery. Good news. Too much unemployment
Source: WSJ - 🏆 98. / 63 Read more »

China’s Recovery Loses Some Momentum as Retail Sales Disappoint AgainFactories continued to lead the recovery, but retail sales remained in negative territory, defying expectations for a second straight month of a return to pre-coronavirus levels. The ccp discloses exceedingly accurate propaganda. So this could mean quality of life is on the up up up for the average wechat user. Or it could mean more ideologically free developing countries are about to benefit from the economic shift away from the Confucian 'pants down' y tthanks tyytsstsssssytqrw
Source: WSJ - 🏆 98. / 63 Read more »

Stock-index futures edge back ahead of retail sales dataStock-index futures point lower Friday as investors await data on July retail sales. We see that. Bubble?
Source: MarketWatch - 🏆 3. / 97 Read more »

Amazon's self-delivery boosted 75 percent in JulyCNBC's Frank Holland joins 'Squawk on the Street' to talk about Amazon's role in the growth of retail e-commerce. FrankCNBC should be watched FrankCNBC poor usps. next, amazon ships ballots for 2020? FrankCNBC Take that UPS and your Xmas price increase
Source: CNBC - 🏆 12. / 72 Read more »

China's July air passenger numbers fall 34.1% year-on-year: regulatorChina's aviation regulator said on Thursday that passenger numbers in July fell 34.1% from a year earlier. Still much better than many airlines across the world
Source: Reuters - 🏆 2. / 97 Read more »

U.S. Deficit Totaled $2.8 Trillion From October Through July, Treasury SaysThe federal deficit totaled $2.8 trillion in the first 10 months of the fiscal year, as government spending to combat the coronavirus continued to outpace federal tax collection. and free education and healthcare would make this look small Thanks China!
Source: WSJ - 🏆 98. / 63 Read more »