WASHINGTON (Reuters) – US retail sales rose more than expected in June, but a resurgence in new COVID-19 cases is hurting the fledgling recovery, keeping 32 million Americans with profits from unemployment. FILE PHOTO: People line up outside the Kentucky Career Center before it opens to find help with their …
Read More »US service sector recovers strongly in June
FILE PHOTO: An employee routinely sanitizes server trays at a reopened restaurant after restrictions to prevent the spread of coronavirus disease (COVID-19) are eased in Bloomfield Hills, Michigan, USA, 8 of June 2020. REUTERS / Emily Elconin / File Photo WASHINGTON (Reuters) – Activity in the US service industry rebounded …
Read More »United States consumer spending recovers; falling revenue, rising COVID-19 cases looming
WASHINGTON (Reuters) – US consumer spending rebounded in the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to further decrease as Millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department …
Read More »United States consumer spending recovers; falling revenue, rising COVID-19 cases looming
WASHINGTON (Reuters) – US consumer spending rebounded in the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to further decrease as Millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department …
Read More »United States consumer spending recovers; falling revenue, rising COVID-19 cases looming
WASHINGTON (Reuters) – US consumer spending rebounded in the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to further decrease as Millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department …
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