Press Release|Public Finance
KBRA Releases Research – Retail Sales Lag Inflation Again in Many States
2 Aug 2024 | New York
KBRA releases research discussing the continuing gap between retail sales growth and inflation across many states. The report examines this trend against a backdrop of resilient Q2 2024 GDP growth, a strong but slowing employment market, and the Fed's recent decision to hold interest rates steady following its July 30-31 meeting, while hinting at a potential rate cut in September.
Click here to view the report.