WASHINGTON — Reports on Friday indicated weak consumer spending for the back-to-school season, although inflation seemed to be abating. The Census Bureau reported that sales at retail stores fell 0.3% in August, following a decline of 0.5% in July. Economists had been expecting an increase of 0.2% in August, according to reports. Consumer spending was expected to remain weak for the rest of the year. Wholesale prices, as measured by the Labor Department’s Producer Price Index, fell 0.9% in ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.