✉news BusinessRetail first seen 7 h ago, last 5 h ago, peak #8
US Retail Sales Grow for 11th Straight Month in August
Original: CNBC/NRF Retail Monitor Shows 11th Month of Sales Growth in August
The CNBC/NRF Retail Monitor recorded an 11th consecutive month of US retail sales growth in August, according to National Retail Federation data. The figures point to continued consumer spending momentum despite economic uncertainty, offering a positive signal for retailers heading into the holiday season.
Why now: Retailers and investors are tracking whether consumer demand keeps holding up ahead of the holiday shopping season.
CNBCNational Retail FederationUS retail sector
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Evidence
- CNBC/NRF Retail Monitor Shows 11th Month of Sales Growth in August · foodmarket.com
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