Amazon is everywhere. Even in economic data.
Today the retail industry got a small piece of good news in the form of some data from July that was better than expected. The government announced this morning that retail sales last month were up 0.6 percent during the previous month and more than 4 percent from this time last year. Not bad for an industry that’s had a lot of hand wringing of late. One of the reasons for the gain? Amazon Prime Day.
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