Key Metrics Signal Aggregate US Retail Sales Increase, US Dollar Holds Firm.

[amogosolomon]

The US Retail sales is an economic indicator in USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities.
In August 2021, the US Retail Sales declined -1.1% month-over-month from the previous 0.7% percentage base, as spending shifts to the service sectors following economic reopening and traveling pick up. It has maintained a diminishing growth pattern after a huge Retail Sales released figure in April with a 9.8% increase.

Key Metrics Signal Aggregate US Retail Sales Increase, US Dollar Holds Firm.

The US Retail sales is an economic indicator in USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic...

actmarkets.com

 

[Jason]

The US Retail sales is an economic indicator in USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities.
In August 2021, the US Retail Sales declined -1.1% month-over-month from the previous 0.7% percentage base, as spending shifts to the service sectors following economic reopening and traveling pick up. It has maintained a diminishing growth pattern after a huge Retail Sales released figure in April with a 9.8% increase.

Key Metrics Signal Aggregate US Retail Sales Increase, US Dollar Holds Firm.

The US Retail sales is an economic indicator in USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic...

actmarkets.com

good insight, always need such information

 

[amogosolomon]

good insight, always need such information

Thanks jason

 

[Francis Idowu]

Nice one, Consumer spending reflects how well an economy is doing.

 

[amogosolomon]

Yes, "Comsumer spending". Thanks my HOD.

 

[ellisdelgado]

Being well-versed with how a country and its people have been doing are such an important aspect, thanks for sharing

 

[amogosolomon]

Being well-versed with how a country and its people have been doing are such an important aspect, thanks for sharing

yes Ellis, thank you

 

[brendalloyd]

Thank you for sharing it. Such macroeconomics news is really helpful for forex traders for taking important buy and sell decisions.

 

[jacquelynwhite]

Changes in interest rates, retail sales, inflation, manufacturing, supplying and anything related to economic growth have a direct impact on the forex market. Thank you for sharing this useful information with us.

 

[amogosolomon]

Changes in interest rates, retail sales, inflation, manufacturing, supplying and anything related to economic growth have a direct impact on the forex market. Thank you for sharing this useful information with us.

yes, you're right Jacquelynwhite. Thank you

 

[amogosolomon]

Thank you for sharing it. Such macroeconomics news is really helpful for forex traders for taking important buy and sell decisions.

yes Brenda Lloyd, you're right. macroeconomic analysis is vital for trading decisions. thank you for this. are you active on LinkedIn? let's connect

 

[brunildafulton]

This Covid pandemic had the worst impact on global demand and supply of goods. Thankfully things are changing now. We can expect growth in retail sales as various businesses are re-opening.

 

[amogosolomon]

This Covid pandemic had the worst impact on global demand and supply of goods. Thankfully things are changing now. We can expect growth in retail sales as various businesses are re-opening.

yes, you're right Brunilda. the economy is stalling gradually

 

[brendalloyd]

yes Brenda Lloyd, you're right. macroeconomic analysis is vital for trading decisions. thank you for this. are you active on LinkedIn? let's connect

Nah, I’m not, don’t really have much time for networking atm.

 

[amogosolomon]

alright, good