
2 sources covering
Consumers are showing signs of strain even as they keep spending, CNBC/NRF Retail Monitor shows
CNBC ·
Retail sales rose at their slowest pace in nearly a year in October as American consumers showed signs of strain from high prices.
Who's covering it
First reported by CNBC at · 2 outlets in all
- Crypto BriefingUS retail spending rises in October, but high prices strain consumersRising retail spending amid high prices may strain consumer budgets, potentially altering future spending habits and inflation expectations.
- CNBCConsumers are showing signs of strain even as they keep spending, CNBC/NRF Retail Monitor showsRetail sales rose at their slowest pace in nearly a year in October as American consumers showed signs of strain from high prices.
