Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.
The markets see a recession while consumers see a sale
The markets see a recession while consumers see a sale
Shoppers line up outside a store sale.
Dan Kitwood/Getty Images
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.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.