Civic Register
| 8.16.18
U.S. Retail Sales Up in July - Is Your Consumer Confidence Rising?
Vote to see how others feel about this issue
What’s the story?
- The Commerce Department said on Wednesday that retail sales increased .5 percent last month, as households upped their purchases of cars, food, and clothing.
- The jump was well above the .1 percent increase forecast by economists polled by Reuters.
What’s the reason for the uptick?
- A tightening labor market – which is steadily pushing up wages – as well as tax cuts and higher savings are being credited for the rise in sales.
What do you think?
Are you confident about consuming? Are you feeling the effects of the robust wage growth? What do you credit for the economic uptick? Hit Take Action and tell your reps, then share your thoughts below.
—Josh Herman
(Photo Credit: monkeybusinessimages / iStock)
The Latest
-
IT: 🖋️ Biden signs a bill approving military aid and creating hurdles TikTok, and... Should the U.S. call for a ceasefire?Welcome to Thursday, April 25th, readers near and far... Biden signed a bill that approved aid for Ukraine, Israel, and Taiwan, read more...
-
Biden Signs Ukraine, Israel, Taiwan Aid, and TikTok BillWhat’s the story? President Joe Biden signed a bill that approved aid for Ukraine, Israel, and Taiwan, which could lead to a ban read more... Taiwan
-
Protests Grow Nationwide as Students Demand Divestment From IsraelUpdated Apr. 23, 2024, 11:00 a.m. EST Protests are growing on college campuses across the country, inspired by the read more... Advocacy
-
IT: Here's how you can help fight for justice in the U.S., and... 📱 Are you concerned about your tech listening to you?Welcome to Thursday, April 18th, communities... Despite being deep into the 21st century, inequity and injustice burden the U.S. read more...