PEJ News and Press, Invesco Dynamic Leisure and Entertainment From 09/18/20

By Jill Mislinski Note : With the release of August Retail Sales and the Consumer Price Index, we've updated this commentary to include the latest Real Retail Sales. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably ...

Ecommerce retail sales jumped 44% in the second quarter 2020, compared to a year earlier, to $201 billion, not seasonally adjusted, according to the Commerce Department Tuesday. On a seasonally adjusted basis, ecommerce sales hit $211 billion. In dollar terms, the jump of $62 billion compare...

Q2 E-Commerce Retail Sales : +31.8 % Q/Q vs. +2.4%  in Q2. More news on: Consumer Staples Select Sector SPDR ETF, Consumer Discretionary Select Sector SPDR ETF, Vanguard Consumer Staples ETF, News on the U.S. economy, News on ETFs Read more ...

We're just past the first half of -- shall we say -- an eventful 2020. The COVID-19 pandemic broke out across the world in early March, causing the sharpest 30% decline in market history. That was followed by the biggest recovery in history, with the overall market miraculously up 2.5% on the ye...

There have been few sectors more profoundly reshaped than food service over the past few months as COVID-19 has drastically reoriented consumer behavior. Grocery spending surged over 25% in March on initial stay at home orders, and have remained elevated since. The rules are being made up ...

By Jill Mislinski The Census Bureau's Advance Retail Sales Report for June was released this morning. Headline sales came in at 7.5% month-over-month to one decimal and was above the Investing.com forecast of 5.0%. Core sales (ex Autos) came in at 7.31% MoM (to two decimals). Here is the...

By Robert Hughes Retail sales and food services spending posted another strong gain in June, rising 7.5 percent from the prior month following an 18.2 percent record surge in May and two devastating declines in March and April. The gains likely reflected the continued easing of restriction...

76% of Americans plan to celebrate Independence Day this year, down from 86% in 2019, as concerns run high over gathering in large groups or attending public events due to the coronavirus pandemic. More news on: Consumer Staples Select Sector SPDR ETF, Consumer Discretionary Select Sector ...

The big worry Or rather the small worry for I was really very sure indeed it wasn't going to happen. Anyway, to get to the predictions on an L shaped recovery - one where we don't bounce back at all - it was necessary that consumers just didn't go out and start spending their money when the ...

Texas is rolling back some of the moves it made in reopening its economy due to its recent spike in COVID-19 cases. More news on: The Cheesecake Factory Incorporated, Dine Brands Global, Inc., Brinker International, Inc., Consumer stocks news, Stocks on the move, News on ETFs Read more ...