Summer pause: Small business sales growth tapers in June as consumers take a breather on spending

📆 16/07/2024 18:04:00
📰 AP

⏱ Reading Time:
8 sec. here
9 min. at publisher
📊 Quality Score:
News: 31%
Publisher: 51%

Small Business Nouvelles

General News,A,Business

Small business sales growth slowed in June as consumers took a pause on spending. That’s according to new data from financial services and payments provider Fiserv. Consumers have been reining in spending as still high prices on groceries and other necessities and high interest rates weigh on their pocketbooks.

FILE - A shop holds a sidewalk sale on Feb. 10, 2023, in Providence, R.I. Small business sales growth slowed in June, 2024, as consumers took a pause on spending. Consumers have been reining in spending as high prices on groceries and other necessities and high interest rates weigh on their pocketbooks. The Commerce Department reported Tuesday that

The slowdown from May was driven by lower average ticket sizes as inflation slowed and consumers became more budget conscious, according to Fiserv.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Summer pause: Small business sales growth tapers in June as consumers take a breather on spendingSmall business sales growth slowed in June as consumers took a pause on spending.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Small cap stocks to consider as it just 'keeps getting worse for small vs. large': JefferiesSmall cap stocks to consider as it just 'keeps getting worse for small vs. large': Jefferies
La source: Investingcom - 🏆 450. / 53 Lire la suite »