US retail slumps to all-time low as consumers stay home

Name: US retail slumps to all-time low as consumers stay home
Uploaded: 2020-04-16T10:19:33+00:00
Duration: 3 min 13 s
Description: Retail sales in the United States have slumped to their lowest point since the index was created nearly 30 years ago, down 8.7 %, and clothing sales have halved. Almost 17 million Americans have lost their jobs since the pandemic hit, with figures expected to only worsen.

Issued on: 16/04/2020 - 12:19

Retail sales in the United States have slumped to their lowest point since the index was created nearly 30 years ago, down 8.7 %, and clothing sales have halved. Almost 17 million Americans have lost their jobs since the pandemic hit, with figures expected to only worsen.