US retail bounces despite partial shutdown

11 March 2019

 

US retail sales have been trending up since late 2015. While there have been patches of weakness along the way, later months’ figures have rebounded to higher levels. After reaching an annual growth rate of 6.6% in July 2018, subsequent sales figures formed a downtrend which brought the annual rate below 2.0% by the end of the year. The latest January report has provided a rebound of sorts.  According to...

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