Retail Sales, Consumer Spending: A Mixed Picture
Update: 2025-11-22
Description
Economists eagerly await retail sales data, anticipating a modest increase, while consumer spending concerns grow due to slowing hiring and rising costs for essentials. Strong sales at Walmart and Gap contrast with Home Depots warning of postponed big-ticket purchases. Upcoming reports include producer price index, durable goods orders, jobless claims, and the Beige Book, all before Thanksgiving and Black Friday. Traders see a low chance of a rate cut in December, with a sluggish economy expected, particularly in manufacturing due to trade disputes.
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