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Added on the 15/07/2016 21:09:25 - Copyright : Reuters EN
Singapore, Aug 5 (EFE/EPA).- Singapore retail sales declined at a slower pace of 27.8 per cent year-on-year in June as the businesses resumed operations after partial reopening of the economy. (Camera: HOW HWEE YOUNG). SHOT LIST: B-ROLL OF BUSINESSES AND SHOPPING MALLS ON ORCHARD ROAD IN SINGAPORE.
Hawthorn Woods, Jul 26 (EFE/EPA).- The number of new homes sold in the United States dropped by 6.6 percent or an annual rate of 676,000 single family homes, according to the monthly report issued by the US Census Bureau and the US Department of Housing and Urban Development on Monday. (Camera: TANNEN MAURY). SHOT LIST: A DRONE FOOTAGE OF THE NEW HOUSES FOR SALE IN A NEIGHBORHOOD AND THE CONSTRUCTION OF SEVERAL NEW HOUSES IN HAWTHORN WOODS, ILLINOIS, US.
Business Insider reports that US retail sales in September increased by nearly 2%, landing above the average economist estimate of 0.8%. This is the fifth straight month of improvement, as the economy continues to reaccelerate after covid caused slowing through the summer. Consumer spending makes up 70% of the U.S. economy. Retail spending is among the economic indicators being closely watched to signal economic recovery health. But, September's initial leap is now slowing to a crawl. As fiscal relief programs expired and direct payments dried up, the pace of retail spending growth has slowed.
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