Pantheon Macroeconomics - The delay in the processing of personal income tax refunds this year appears not to have had any adverse impact on retail sales, so far. Indeed, the Redbook chainstore sales survey suggests that sales have accelerated over the past few weeks.

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7 March 2017 Why has Spending not Faltered After Tax Refunds were Delayed?

By Ian Shepherdson

The delay in the processing of personal income tax refunds this year appears not to have had any adverse impact on retail sales, so far. Indeed, the Redbook chainstore sales survey suggests that sales have accelerated over the past few weeks.

Posted: 6th Mar 2017 in 'U.S. Documents'

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