Reflecting the underlying weakness in private consumption and allaying fears of aggressive rate cuts by the Federal Reserve, retail sales dipped further in February, contrary…
Posts tagged as Consumer Spending
Though recent statistical data painted a rosy picture of household earnings, the upbeat mood has been spoiled to some extent by high inflation. Also, despite…
Latest data released by the Commerce Department showed that GDP growth decelerated at a slightly higher pace in the fourth quarter than estimated earlier, easing…