Friday’s retail sales could be murky because of last month’s Amazon Prime Day

Friday’s retail sales could be murky because of last month’s Amazon Prime Day

US News Rank

andresr | E+ | Getty Images

Friday’s August retail sales report is the last big economic report before the Fed begins its two-day meeting Tuesday, and it could be muddied by the Amazon Prime Day promotions that sent July sales sharply higher.
Economists expect a gain of just 0.2%, after a much better than expected 0.7% gain in July that came as all sorts of retailers responded with their own…

View On WordPress


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x