Retail sales in the United States have accelerated in September, but as federal government money runs out and businesses continue to lay off workers the recovery is likely to be impacted. “Although sales growth is strong, it will slow through the rest of this year and into next year,” said Gus Faucher, Chief Economist at PNC Financial in Pennsylvania. “The slowing will be even larger if Congress does not pass another stimulus bill. Unemployment remains pervasive throughout the U.S. economy.” (Source: Reuters) Read the original article…
