US Retail Sales Up Solidly in Sign of Consumer Optimism


bigstock Us Dollars On Background Of Us 258193594 us economy(Worthy News) – Americans spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade war that has roiled financial markets have yet to dampen consumer confidence.

Retail sales rose a healthy 0.7% last month after a 0.3% gain in June, the Commerce Department said Thursday. Online retailers, grocery stores, clothing retailers and electronics, and appliance stores all reported strong gains.

Consumer spending, the primary driver of the U.S. economy, appears healthy even as other sectors of the economy, such as business investment, have weakened amid growing uncertainty over the U.S.-China trade conflict. Job growth is steady, the unemployment rate is near a 50-year low, and wages are rising modestly, which bolsters Americans’ spending power. [ Source: VOA News (Read More…) ]

14
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Five Injured In Virginia State University Shooting; Multiple Gunmen Sought
Record-Low Danube Forces Nuclear Shutdown in Romania, Threatens Hungary (Worthy News Radio)
India Church Leader Arrested Over Facebook Comment As Christians Voice Concern
Pakistan Christians Reel From Blasphemy Cases, Mob Violence And Abuse (Worthy News Focus)
U.S. Jobless Claims Remain Low as Labor Market Holds Steady
WHO Warns Congo Ebola Outbreak Could Become Deadliest in History
Israel Resumes Preemptive Gaza Strikes as Hamas Disarmament Deal Stalls
Trump Administration Announces $2 Billion for Christian Aid Groups After USAID Overhaul
Danube Nuclear Crisis Deepens As Hungary Questions Russian Expansion (Worthy News In-Depth)
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Books by George Whitten

Identity in Messiah Revealed cover

Identity in Messiah Revealed https://identityinmessiah.com

A devotional journey calling believers out of self-doubt and into confident, Kingdom-rooted identity in the Messiah.

Get it on Amazon
The Biblical Fall Feasts Revealed cover

The Biblical Fall Feasts Revealed https://biblicalfallfeasts.com

An in-depth look at the Biblical fall feasts and their prophetic significance for believers today.

Get it on Amazon
Worthy Christian News