RNRG - Americans Love Spending Online In Certain Januaries

February, 17 2022 10:20 AM Global X Renewable Energy Producers ETF

According to the Census Bureau’s latest report for the month of January 2022, seasonally adjusted sales by mostly online operators skyrocketed by 14.5% from December 2021.
Census reported a huge increase in retail across most segments. Total retail sales were up an enormous 3.75% (seasonally adjusted) December to January.
While US consumers continue to spend, the level of spending is actually converging with the pre-COVID trend, if ever so slowly. Total retail sales remain elevated compared to that trend, but that elevation since last April has been entirely due to price changes.

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Company Name:	Global X Renewable Energy Producers ETF
Stock Symbol:	RNRG
Market:	NASDAQ