Why Retail Earnings Are Less And Less Tethered To The Overall Economy
PYMNTS
MAY 24, 2016
Retail earnings may have long been looked upon as a benchmark for measuring the growth of the economy but not anymore. The shift in the trends is fiddling with the math behind calculating the strength of one of the major pillars of the U.S. economy — retail. The long-term growth seems to be nothing but sound, Pandl said.
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