
The markets see a recession while consumers see a sale
The markets see a recession while consumers see a sale

The economy is sending mixed signals. Again. Monthly retail sales numbers out on Thursday showed American shoppers boosted spending in July by 0.7%, more than economists were expecting. Excluding autos, U.S. retail sales were up a healthy 1% in July. At the same time, the bond market is highlighting a lack of confidence in the economy amid additional signs of global economic slowdown and the intensifying U.S.-China trade war.
Click the audio player above to hear the full story.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?