2 sources covering
US retail spending rises in October, but high prices strain consumers
Rising retail spending amid high prices may strain consumer budgets, potentially altering future spending habits and inflation expectations.
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.