Banks, Israel, Retail, and Choice Hotels
Bloomberg Intelligence
00:00
Strong Retail Sales Numbers Point to Upside for GDP
The chapter discusses the recent retail sales numbers which came out stronger than expected, indicating further upside for the third quarter GDP. Consumers still have a lot of money available to spend, either from their own savings or by increasing credit card usage. The chapter also touches upon the specific sectors that are driving the retail sales growth.
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Transcript
