US retail sales fell to USD 535.9 billion in September, their lowest level since March 2021, and marking the fifth month-on-month decline in retail sales. The 7-month low is partly due to pandemic-induced government spending, aimed at fuelling consumer demand, winding down while spending on services has recovered some of its lost share of consumer …
The post BIMCO: US September retail sales hit 7-month low at USD 535.9bn first appeared on Hellenic Shipping News Worldwide.