Amazon Delivers on Retail Sales Figures
August 24, 2023 at 08:30 AM EDT
Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed’s efforts to temper inflation. Total retail sales increased 0.7% in July compared to June (up 3.2% year-over-year). While retail sales growth remains positive and somewhat strong, it is propped up by a few key areas. Areas like non-store [...] The post Amazon Delivers on Retail Sales Figures appeared first on ETF Trends .
