A Good Sign? Retail Sales Surge In August


Surging prices and rising COVID-19 cases didn't stop people from spending money in the month of August.

  • Retail spending went up by .7% last month, according to a CNBC report -despite predictions that sales would go down by as much as .8%.
  • The numbers are even stronger when you remove sagging car sales - making it a 1.8% increase.
  • It's a promising sign that the economy continues to recover heading into the fall.
  • How has the pandemic affected your spending habits this year vs. last year? Will the economy be back to 'normal' by 2022?

Photo Credit: Getty Images


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