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Retail sales rose only 2.7% in July year-over-year, below the 2.9% inflation rate, indicating a real decline. Industrial production, manufacturing, and housing data also showed economic...
What a difference a week makes. We go from looking like we're about to collapse to coming back and looking like we'll soon make new highs....
The NRF forecasts retail sales to reach more than $3 trillion this year. The estimate, however, excluded other economic factors such as government shutdown and US-...