KBRA Releases Research - COVID-19: June Retail Sales Up 0.6% MoM; Durability to Be Tested as Daily U.S. Infections Rise and Federal Household Stimulus Fades
Kroll Bond Rating Agency (KBRA) releases research discussing the return to month-over-month (MoM) retail sales growth in June, as well as a concerning return to rising daily coronavirus infections in the U.S., and what to watch for in the months ahead.
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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.