Retail News
Americans keep spending despite rising prices
The Wall Street Journal 11/16/2021U.S. retail sales in October increased 1.7 percent, an indication that consumers will continue to spend during the holiday season despite rising prices. “Consumers say they’re pessimistic — we have had very high inflation — but the truth is they’re in very good shape right now,” said Gus Faucher, chief economist at PNC Financial Services Group.
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