US Consumers Defy Trade War Gloom | Presented by CME Group

July is a major month for consumer deals, but are the discounts sufficient to lift retail sales and consumer confidence. Well, if current retail sales report is any indication, then consumers are still spending and are a bit less concerned than they were a month or two ago. Consumers ramped up spending more than economists anticipated.A sign of resiliency among American shoppers despite concerns that President Trump's tariffs are weighing on the economy. Retail sales rose by6 month overmonth, reversing a.9% ...