U.S. Retail Sales Increase in August
The U.S. Commerce department reported the uptick of 0.7% in retail sales.
The U.S. Commerce department reported the uptick of 0.7% in retail sales.
Thanks to a rocky start in global financial markets and uncertainty regarding future interest rate hikes, Americans believe there is a 36% chance the U.S. economy will slip into a recession this year, a new survey shows.
The Conference Board's Consumer Confidence Index increased in February, revealing that consumers are less pessimistic about current business and labor market conditions than they were in January.
The Conference Board announced that the Consumer Confidence Index, which had increased in December, retreated in January. The Index now stands at 61.1, down from 64.8 in December.
The Conference Board’s Consumer Confidence Index increased in December, following an upward trend from November, the independent research group reported today.
The Conference Board Consumer Confidence Index, which had retreated in July, rebounded in August to its highest level since December 2007.
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