U.S retailers benefit from booming economy

Publication

11 September 2018 à 12h11

Updated on 10 May 2019 à 16h56

Reading time

2 minutes

Publication: 11 September 2018 à 12h11, Updated on 10 May 2019 à 16h56

Reading time: 2 minutes

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Publication

11 September 2018 à 12h11

Updated on 10 May 2019 à 16h56

Reading time

2 minutes

Publication: 11 September 2018 à 12h11, Updated on 10 May 2019 à 16h56

Reading time: 2 minutes

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The latest financial results published by U.S retailers show that the American booming economy has a real impact on sales and profitability for firms like Walmart, Nordstrom, Target and Home Depot. Consumer spending has returned, rising 4% on annualised rates, and unemployment fell to 3.9% in July.
“The consumer growth is the strongest since “1999” according to Jefferies research. “Companies are managing inventory very well, digital investments are paying off, property is making mone

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