16 Oct 2019 Did Pre-Tariff Spending Boost September Retail Sales

Ian Shepherdson (Chief Economist and Founder)15th Oct 2019 19:20U.S., Economic Monitor

Tariffs are a tax on imported goods, and higher taxes depress growth, other things equal.

activity cash chainstore sales china china trade war consumer consumer goods consumers control core core sales country credit demand economic growth empire state Empire State Manufacturing survey empire state survey employment ex-autos exports fed federal reserve forecast funds gains gdp goods growth headline index home sales housing housing market housing starts income index industrial production intermediate goods inventories inventory ism it jobless claims leading economic indicators manufacturing market mortgage mortgage applications mortgage demand mortgage rates new home sales new york oil output payroll payroll gains philly fed prices production rates redbook remain retail retail sales sales sales numbers sentiment spending stock stock market survey tariff tariffs tax tips total production total sales trade trade war u.s. us utility output

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