Slide Of New Auto Sales In Europe Slows With Full Year Forecasts Looking Less Dire
Opel Corsa. Opel and Vauxhall sales plunged almost 50% in the first 8 months of 2020. (Photo by … [+] Manfred Schmid/Getty Images) Getty Images New car and SUV sales in the European Union (EU) fell 18.9% in August compared…
Americans Keep Spending, but Growth of Retail Sales Slows
Nearly 90 percent of its revenue was gone and the company had $10 million worth of food inventory and very few customers. The company, based in the Bronx with about 2,000 employees and 400 trucks, quickly figured out how to…
US retail sales miss August estimates as economic recovery slows pace
Americans spent less than expected at retailers in August as the economy reopened further. US retail sales increased 0.6% last month, missing the average economist estimate of 1%. Though the reading marks the fourth straight month of improvement, the indicator’s…
U.S. Retail Sales Rebound Slows After Extra Jobless Aid Lapses
(Bloomberg) — U.S. retail sales rose less than forecast in August as the expiration of supplemental jobless benefits weighed on incomes and spending despite solid employment gains. Load Error The value of overall sales increased 0.6% after a downwardly revised…
Tightening Auto Credit Slows Sales Rebound
Lenders are tightening standards for granting auto loans in the face of a sinking economy and … [+] changing credit reporting methods. Ed Garsten When you combine the effects of the Covid-19 pandemic and record high transaction prices with a…
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