Summer Retail and Food Services Sales Up 2.4% From 2019

In spite of recent positive news out of the U.S. Bureau of Labor Statistics–non-farm payroll employment rose by 1.4 million and the unemployment rate fell by 8.4% in August–advance estimates of retail and food services for the month seem to suggest that Americans are spending cautiously as the threat of Covid-19 and major economic fallout…

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