U.S. retailers' sales have improved substantially for three consecutive months, but growth has slowed sharply 8:00 on August 15th
Although retail sales in the United States increased from the previous month for the third consecutive month, the growth has slowed significantly, and it is thought that the new coronavirus infection is spreading again.
Last month, the US Department of Commerce announced US retail sales of $536 billion last month, up 1.2% from the previous month.
After hitting the worst drop, it bottomed out in April, improving for the third straight month, but growth has slowed significantly from 8.4% in the previous month and is below market expectations. ..
Looking at the breakdown, “home appliances” increased by 22.9%, “apparel/apparel” increased by 5.7%, but “automobile/related parts” decreased by 1.2%.
In the U.S., the spread of the new coronavirus has not stopped, and in some areas, there have been movements such as re-regulating economic activities that were being resumed and consumers refraining from going out. , It seems that these things are affecting.
In addition, some people are worried about the future impact, as the additional measures to increase unemployment insurance benefits were temporarily interrupted throughout the last month.
On the other hand, the industrial production index, which showed the production activity of companies, announced on the same day, increased by 3% from the previous month and improved for the third consecutive month.