Retail News

Retail sales rose in June

The New York Times 07/16/2021

U.S. retail sales rose by 0.6 percent in June as consumers left their homes to shop in stores. “(Retail) sectors that were buoyed by the pandemic are slowing down a little bit, but not to a degree that I’d be concerned about,” said Felipe Chacon, an economist at Square. “Household finances have been bolstered by a few rounds of stimulus spending, so it bodes pretty well” for retailers going forward.

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