USA: Retail trade stronger than expected

» Published: July 16 2024

USA: Retail trade stronger than expected
Photo: Nam Y. Huh AP/TT

Sales within the American retail trade were unchanged in June compared to the previous month. It was better than expected.

Analysts had expected a decline of 0.3 percent, according to Bloomberg's compilation.

In May, the growth rate was 0.3 percent according to revised figures.

Excluding motor vehicles, it was a plus of 0.4 percent in June. Expectations were at a plus of 0.1.

Tags

TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Busch Urges Swedish Firms to
2 MIN READ

Busch Urges Swedish Firms to Stay Local Amid US Trade Uncertainty

Minister Warns of Global Trade
1 MIN READ

Minister Warns of Global Trade Impact as China Hits Back at US Tariffs

China Hits Back with 34%
2 MIN READ

China Hits Back with 34% Tariffs on US Goods, Files WTO Complaint

Ica Bank Cuts Mortgage Rate
1 MIN READ

Ica Bank Cuts Mortgage Rate to 3.68 Percent

Zuckerberg's Wealth Drops by 177
1 MIN READ

Zuckerberg's Wealth Drops by 177 Billion Kronor in Stock Market Slide

Sweden's New Trade Deal Boosts
1 MIN READ

Sweden's New Trade Deal Boosts Pay and Cuts Working Hours

Police Warn of Crime Surge
1 MIN READ

Police Warn of Crime Surge Risk Following Northvolt Bankruptcy

Cristina Stenbeck Returns as Kinnevik
1 MIN READ

Cristina Stenbeck Returns as Kinnevik Chairman After 7 Years

China's Tariffs Shake Stockholm Stock
2 MIN READ

China's Tariffs Shake Stockholm Stock Exchange, Expert Warns of Escalation

Stock Market Sees Largest Single-Day
1 MIN READ

Stock Market Sees Largest Single-Day Drop Since 2020 Pandemic

Sweden's Inflation Falls More Than
2 MIN READ

Sweden's Inflation Falls More Than Expected, Offering Economic Relief

Transport Unions and Employers Seal
1 MIN READ

Transport Unions and Employers Seal New Wage Agreement

European Stocks Tumble as China
2 MIN READ

European Stocks Tumble as China Hits Back with Tariffs on US Goods

EU Tariffs on US Goods
3 MIN READ

EU Tariffs on US Goods Could Raise Prices for Swedish Shoppers

Asian Markets Slide Following US
1 MIN READ

Asian Markets Slide Following US Tariff Announcement

IMF Warns US Tariffs Threaten
1 MIN READ

IMF Warns US Tariffs Threaten Global Economic Growth

Trump Signals Openness to Tariff
1 MIN READ

Trump Signals Openness to Tariff Negotiations for Economic Boost

EU Prepares Trade Countermeasures as
3 MIN READ

EU Prepares Trade Countermeasures as US Tariffs Loom

WTO Warns Trump's Tariffs Could
1 MIN READ

WTO Warns Trump's Tariffs Could Cut Global Trade by 1 Percent

Canada Imposes 25-Percent Tariffs on
1 MIN READ

Canada Imposes 25-Percent Tariffs on US Cars in Trade Dispute

Macron Urges EU Firms to
1 MIN READ

Macron Urges EU Firms to Rethink US Investments Over Tariffs

Volvo's Shift to Electric Cars
2 MIN READ

Volvo's Shift to Electric Cars Faces Scrutiny as Diesel Demand Persists

Stellantis Halts Canada and Mexico
1 MIN READ

Stellantis Halts Canada and Mexico Production Over US Tariffs

Fitch Downgrades China's Credit Rating
1 MIN READ

Fitch Downgrades China's Credit Rating Citing Economic Concerns

Wind Farm Cable Approval Granted
2 MIN READ

Wind Farm Cable Approval Granted but Vattenfall Faces Cost Hurdle

US Stock Market Tumbles as
3 MIN READ

US Stock Market Tumbles as Tariffs Hit Tech Giants

US Tariffs Pose Global Economic
2 MIN READ

US Tariffs Pose Global Economic Challenge, Says Swedish Central Bank Chief

Ikano Bank Faces Police Report
1 MIN READ

Ikano Bank Faces Police Report in Denmark Over Misleading Marketing

EU Trade Chief Sefcovic to
1 MIN READ

EU Trade Chief Sefcovic to Discuss US Tariffs on Friday

Volvo Cars Boosts US Production
3 MIN READ

Volvo Cars Boosts US Production in Response to Trump's Tariffs

US Imposes Tariffs on Remote
1 MIN READ

US Imposes Tariffs on Remote Penguin Islands in Australian Territory

Saab Secures Major Order for
1 MIN READ

Saab Secures Major Order for Combat Vehicle Systems from BAE Systems

Trump Tariffs Threaten to Hike
1 MIN READ

Trump Tariffs Threaten to Hike Coffee Prices in the US

Trump's New Tariffs Spark Global
2 MIN READ

Trump's New Tariffs Spark Global Criticism and Economic Concerns

Kent Concerts Spark Hotel Market
1 MIN READ

Kent Concerts Spark Hotel Market Boost in Stockholm

US Boosts Norwegian Salmon Imports
1 MIN READ

US Boosts Norwegian Salmon Imports Before Tariff Decision

Sweden's IT Sector Sees Reduced
1 MIN READ

Sweden's IT Sector Sees Reduced Work Hours and Pay Raise

Service Sector Slows as Index
1 MIN READ

Service Sector Slows as Index Drops Below 50 in Sweden

Kristersson Urges Action Over US
2 MIN READ

Kristersson Urges Action Over US Tariffs, Calls for EU-US Trade Talks

Economist Urges Swedish Savers to
2 MIN READ

Economist Urges Swedish Savers to Hold Steady Despite Tariff Impact