Industry | 2013.11.27
Fitch: Modest Improvements in U.S. Retail Growth Expected in 2014
NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects total U.S. retail sales growth in the 4% range in 2014, a modest increase over expected 2013 figures that reflects slight improvement in both the employment rate and real wages. Overall, Fitch is maintaining a stable credit outlook for U.S. retailers in 2014. However, the modest negative tilt to rating activity will continue, given ongoing top-line pressure on some large industry participants. Fitch expects liquidity to remain strong for most U.S
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