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Retailers are getting ready to report Q3 2021 earnings. However, there is more negative guidance than positive.
The Refinitiv U.S. Retail and Restaurant Q3 earnings index is expected to rise by 26.3%.
American consumer confidence, as measured by the Refinitiv/Ipsos Primary Consumer Sentiment Index, for November 2021 is at 53.6 and marks a significant decrease from October.