US retail sales beat expectations in August despite tariffs: softening labor market headwind

Grokmaster

Grokmaster

Well-known member
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Damn!! More great US economic news; the Leftwhiner Panickens won't like this, especially since retail sales are such a significant driver of the US economy.


Hopefully the Democrat imbecile supporter running the Fed won't screw this up by refusing to lower US prime interest rate.


Getting popcorn & brverage to enjoy the likely upcoming lyingleft/fake news gaslighting
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US retail sales increase strongly; softening labor market a headwind​




WASHINGTON, Sept 16 (Reuters) - U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to continued strength in spending.

The third straight month of solid gains in sales reported by the Commerce Department on Tuesday is unlikely to prevent the Federal Reserve from cutting interest rates



www.reuters.com

US retail sales increase strongly; softening labor market a headwind

U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to continued strength in spending.
www.reuters.com www.reuters.com
 
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Grokmaster said:
Damn!! More great US economic news; the Leftwhiner Panickens won't like this, especially since retail sales are such a significant driver of the US economy.


Hopefully the Democrat imbecile supporter running the Fed won't screw this up by refusing to lower US prime interest rate.


Getting popcorn & brverage to enjoy the likely upcoming lyingleft/fake news gaslighting
bg,f8f8f8-flat,750x,075,f-pad,750x1000,f8f8f8.u1.jpg


US retail sales increase strongly; softening labor market a headwind​




WASHINGTON, Sept 16 (Reuters) - U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to continued strength in spending.

The third straight month of solid gains in sales reported by the Commerce Department on Tuesday is unlikely to prevent the Federal Reserve from cutting interest rates



www.reuters.com

US retail sales increase strongly; softening labor market a headwind

U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to continued strength in spending.
www.reuters.com www.reuters.com
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Yep people buying things before all Trumps tariffs take effect.
Buying up the products retailers bought up before the tariffs hit.
Just wait till all Trumps tariffs do take effect.
 
TOP said:
I'll If you credit for the finger one too...
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You keep saying we will be okay well who is WE?
Not all of Trumps tariffs have been put into effect yet and the ones that have have not worked completely through the supply chain yet.
And when they do they are going to hit the low income hard working Americans ,ones that are working two or more jobs to get by now. and with you MAGAS cutting Federal programs a lot of people depend on just to get by that is going to hurt them even more.
Give them another couple of months , we can already see some prices going up and a lot of people getting laid off and large companies losing millions / billions .
It is going to be a real shit show.
 

Stellantis Reports $2.7B Loss Amid Trump Tariffs, Production Cuts​

Money Talks News•2h

Stellantis faces $2.68 billion loss in 2025's first half as Trump tariffs force production cuts and massive layoffs across North American facilities.
Ford and GM reporting huge losses , laying off hundreds of workers.
And on top of that Trump puts 25% tariffs on the parts they need to build American made cars while only putting 15% tariffs on Japanese made cars hurting them even more.
US farmers already having a hard time report that Trumps tariffs are hurting them on top of everything driving up the cost of a lot of things they need to buy to stay in business.
Georgia Pacific shutting down their large plant laying off more workers.
YEP no problem we will be okay, who ever we is.
What are these people going to do without jobs?



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In a world where economic dominance is a chess game

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Tbird19482 said:
You keep saying we will be okay well who is WE?
Not all of Trumps tariffs have been put into effect yet and the ones that have have not worked completely through the supply chain yet.
And when they do they are going to hit the low income hard working Americans ,ones that are working two or more jobs to get by now. and with you MAGAS cutting Federal programs a lot of people depend on just to get by that is going to hurt them even more.
Give them another couple of months , we can already see some prices going up and a lot of people getting laid off and large companies losing millions / billions .
It is going to be a real shit show.
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America will be okay...
.
 
TOP said:
America will be okay...
.
Click to expand...
YEP we can bailout the US farmers AGAIN.
American soybean farmers are facing a severe challenge as China, historically their largest customer, has halted purchases in retaliation for US tariffs on Chinese goods. For farmers like Josh and Jordan Gackle of North Dakota, this marks the first time in their farm's 76-year history that China isn't buying their soybeans—a shift that could cost their operation $400,000 this year,
And they are farmers and farmers don't have that kind of money to throw away.
 
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Phantasmal said:
Retailers are starting the Christmas rush early, so this month and next will probably good months as well. I wish it would stay that way for the benefit of small businesses. They are the group that will be hit the hardest.
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It is a good thing that a lot of retailers bought up stuff that they will sell for Christmas keeping prices down a little for this year and when those goods are gone prices will skyrocket causing more harm to the US economy.
Stupid MAGAS like TOP don't understand that Trumps tariffs have to work through the supply chain and when they do just about everything you buy will have gone way up in price, hurting the low income workers the most , people that are ALREADY having a hard time getting by.
 
Tbird19482 said:
It is a good thing that a lot of retailers bought up stuff that they will sell for Christmas keeping prices down a little for this year and when those goods are gone prices will skyrocket causing more harm to the US economy.
Stupid MAGAS like TOP don't understand that Trumps tariffs have to work through the supply chain and when they do just about everything you buy will have gone way up in price, hurting the low income workers the most , people that are ALREADY having a hard time getting by.
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Well, to quote DonOld, smart people don’t like him.
 
Tbird19482 said:
It is a good thing that a lot of retailers bought up stuff that they will sell for Christmas keeping prices down a little for this year and when those goods are gone prices will skyrocket causing more harm to the US economy.
Stupid MAGAS like TOP don't understand that Trumps tariffs have to work through the supply chain and when they do just about everything you buy will have gone way up in price, hurting the low income workers the most , people that are ALREADY having a hard time getting by.
Click to expand...
They've been in effect for months. Where do you think nearly $200 billion in tariff revenue came from?
 
Grokmaster said:
They've been in effect for months. Where do you think nearly $200 billion in tariff revenue came from?
Click to expand...
A lot of it is coming from the US consumer.
The tariffs the exporting countries and retailers didn't eat are being passed on to the US consumer.
Go to the store once in awhile and pay attention to prices of things for once and you would see the prices ARE going up a LOT more then just inflation.
 
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