✉news BusinessRetail first seen 1 d ago, last 5 h ago, peak #8
US Retail Sales Post 11th Straight Month of Growth in August
Original: CNBC/NRF Retail Monitor Shows 11th Month of Sales Growth in August
The CNBC and National Retail Federation Retail Monitor recorded an eleventh consecutive month of year-over-year retail sales growth in August, pointing to continued resilience in American consumer spending. Retailers and analysts are watching the sustained streak for signals on whether demand will hold through the holiday shopping season amid ongoing price pressures.
Why now: The latest Retail Monitor data shows retail sales kept growing for an eleventh month in a row, drawing attention from the retail industry.
CNBCNational Retail FederationUS retail sector
Evidence
- CNBC/NRF Retail Monitor Shows 11th Month of Sales Growth in August · shop-eat-surf-outdoor.com
- CNBC/NRF Retail Monitor Shows 11th Month of Sales Growth in August · foodmarket.com
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