For the four weeks ending August 31, 2024, US retail sales declined by 1 per cent year-over-year, with unit demand holding steady.
Discretionary spending fell by 3 per cent, though unit sales rose 1 per cent.
Back-to-school shopping showed weak performance, with a decline in apparel sales but increased demand for office supplies and leisure footwear.
Discretionary spending fell by 3 per cent, though unit sales rose 1 per cent.
Back-to-school shopping showed weak performance, with a decline in apparel sales but increased demand for office supplies and leisure footwear.
