Impact of elections and hurricanes on retail spending

Impact of elections and hurricanes on retail spending

A Macy’s store is visible at Herald Square on December 11, 2023 in New York City. Michael M. Santiago | Getty Images Although inflation may have slowed down, retailers are still facing a holiday season filled with uncertainty. Various unpredictable factors will impact consumer spending as they prepare for the holidays and search for the … Read more

China announces retail sales and industrial production data exceeding expectations.

China announces retail sales and industrial production data exceeding expectations.

Customers are shopping at the new Costco store in Nanjing, Jiangsu Province, China on May 28, 2024. The National Bureau of Statistics reported better-than-expected retail sales and industrial production for September in China. Retail sales grew by 3.2% from a year ago, surpassing analysts’ expectations of 2.5% growth. This growth rate was higher than the … Read more