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Packet 20230717
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Last modified
3/21/2024 5:53:56 PM
Creation date
7/18/2023 10:38:20 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
7/17/2023
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Agenda 20230717
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2023\Packet 20230717
Reso 23-098 3rd qtr investment 22-23-2
(Reference)
Path:
\City Clerk\City Council\Resolutions\2023
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Advance Retail Sales rose 0.4%month-over-month in April,rebounding from a decline of 0.7%in March.Gains were broad-based and <br />translated to a year-over-year increase of 1.6%in April versus a downwardly revised 2.4%increase in March.The Conference Board’s <br />Consumer Confidence Index fell to 102.3 in May after an upward revision to 103.7 in April.Both current conditions and future expectations <br />declined, pointing toward higher risks of a future recession. <br />Source: US Department of Commerce Source: The Conference Board <br />0.0% <br />10.0% <br />20.0% <br />30.0% <br />40.0% <br />50.0% <br />60.0% <br />Retail Sales YOY % Change <br />YOY (%) Change80 <br />90 <br />100 <br />110 <br />120 <br />130 <br />140 <br />Index LevelConsumer Confidence <br />Consumer <br />6
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