Friday, March 18, 2022
US retail sales declined in February 2022
The US retail sales declined in February 2022 which didn't bode well for the economy because this meant that the consumers had stopped frontloading their purchases in view of the elevated inflation. If the retail sales in March show another decline, it will confirm that the consumers have reined in their spending.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment