According to Bank of America, Amazon’s Prime Day promotion in July boosted July’s total retail sales up more than expected. Bank of America’s head of U.S. economics, Michelle Meyer, has expected retail sales excluding autos to have risen by 0.6% and about half of that would have been from Amazon’s Prime Day and other promotions … Continue reading “Amazon’s Prime Day Sends July Retail Total Sales Soaring”
Tag: michelle meyer
Bank of America Says Chances of Recession in the Next 12 Months is This High
Based on recent data, Bank of America has raised the chance of a recession to…
August 12, 2019