RapNet


Rapaport News

 

Retail

 

詳細検索
最新記事
ビデオ
機能
ニュース
マイニング
原石市場
加工品市場
製造
小売

US Consumer Spending Robust Amid Trade War

Strong job market led to continued buyer confidence, NRF says.
Aug 22, 2019 7:13 AM   By Rapaport News
Print 印刷 Facebook Facebook Twitter Twitter 共有 Share


RAPAPORT... US retail sales increased in July, as consumer confidence remained strong despite fears over the escalating trade war.

Total purchases— excluding automobiles, gasoline and restaurants — rose 0.9% compared with June sales and 5.6% year on year, according to data the National Retail Federation (NRF) reported, citing the US Census Bureau. Online and other non-store sales climbed 19% year on year, the NRF noted.

“July’s strong results are consistent with a confident consumer,” NRF chief economist Jack Kleinhenz said last week. “Households are in good shape with spending and that should continue as long as the labor market remains healthy.”

However, the numbers reflect the period before US President Donald Trump’s implementation of the most recent set of tariffs. While some taxes on consumer goods imported from China have been delayed until December 15, it was announced earlier this month that levies on other items would go into effect September 1.

“It’s important to remember that today’s data is looking backward at what was happening a month ago,” Kleinhenz explained. “The impact of volatile financial markets and increased trade tensions in recent weeks may put a wind of caution in consumer spending as we move forward in 2019.”

Image: A woman paying for purchases at a store. (Shutterstock)
タグ: Jack Kleinhenz, National Retail Federation, NRF, Rapaport News, US Census Bureau, US retail
類似記事
コメント: (0)  Add comment コメントを追加
コメントを変更 古い順



連絡先: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    プライバシー ポリシー  
  
twitter twitter
会社概要 Rapaport
RapNetに広告を載せる