You can thank the American retail consumer for the soft landing
A much-hoped-for"" indeed seems increasingly likely now as inflation cools and the job market remains strong.
If the Fed proves successful, Chairman Jerome Powell will owe a big"thank you" to American consumers who have largely ignored the gathering clouds and continued spending money.from the Commerce Department. That's up 0.2% from the May total – and the May figure had been revised upward. US retail and food services sales were up 1.6% from April to June, following a slight decline in March.
As consumer spending accounts for roughly 70% of the US economy, the continued strength in that area has been key to theEven if the US avoids a recession, companies may need to adjust to a period of smaller profits, but that is a problem executives are more than equipped to deal with.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Ariana Grande Says 'Thank U, Next,' Separates From Husband Dalton GomezLooks like another pandemic marriage has bitten the dust.
Consulte Mais informação »
Thank-you notes after a job interview: Best ways to stand out from the packHiring experts and others share wise tips for how to handle the thank-you note after a job interview — and share why certain key details can make a difference to the applicant.
Consulte Mais informação »
Ariana Grande and Dalton Gomez Call It Quits After Two Years of MarriageThe couple plan to divorce, so TBD if this is a 'Thank U, Next' situation.
Consulte Mais informação »
9 Best LED Light Masks to Help Achieve Glowing Skin At Home, According to ExpertsYour skin will thank you later.
Consulte Mais informação »
China's economy falters as latest growth, retail sales data disappointsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Consulte Mais informação »
Jack Dorsey says he snubbed a follow request from Zuck on ThreadsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Consulte Mais informação »