US Retail Sales Hold Steady in June, Indicating Consumer Resilience
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#fed009b0 ver:0.88

US retail sales hold steady in June, indicating consumer resilience. Gas stations and auto dealerships weigh down overall figure, while online sales and clothing/accessories store sales increase. Control retail sales rise 0.9%. Consumers still spending, driven by income growth and employment. Inflation declines, Fed confident it will reach 2% target. Retail landscape in upheaval with Saks acquiring Neiman Marcus and Macy's terminating buyout talks. Retail spending holding steady, better than expected. #RetailSales #ConsumerSpending #Economy...

#newstr #UsRetailSales #ConsumerSpending #Inflation #Employment #SaksFifthAvenue #NeimanMarcusGroup #Macy's 

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