U.S. Retail Sales Beat Expectations; Manufacturing Production Slumps
Reuters, July 15, 2022–Lucia Mutikani
U.S. retail sales rebounded strongly in June as Americans spent more on gasoline and other goods amid soaring inflation, which could allay fears of an imminent recession but not change the view that economic growth in the second quarter was tepid.
https://www.reuters.com/markets/us/us-retail-sales-beat-expectations-june-2022-07-15/