KBRA releases research on the recent gap between retail sales growth and inflation across many states. The report examines why the persistence of this gap points to a moderating economy, despite a seemingly still resilient labor market.

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KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

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