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home / news releases / EBIZ - U.S. Retailers See Signs Of Softening Demand

EBIZ - U.S. Retailers See Signs Of Softening Demand

Global X E-commerce ETF
  • US retail sales were softer in May and there were downward revisions to April.
  • Nonetheless, consumer spending can still grow strongly in the second quarter given a greater focus on services such as leisure and entertainment.
  • However, the cost of living squeeze means households are running down savings and borrowing more to finance it.

For further details see:

U.S. Retailers See Signs Of Softening Demand
Stock Information
Company Name: Global X E-commerce ETF
Stock Symbol: EBIZ
Market: NASDAQ
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