US economy on solid ground as retail sales surprise on the upside
WEB3 days ago · Retail sales increased 2.1% on a year-on-year basis in August. Online store sales rebounded 1.4% after falling 0.4% in July. Sales at gasoline stations dropped 1.2%, reflecting lower prices at the ...
US Retail Sales Post Surprise Gain, Helped by Online Stores
WEB3 days ago · The value of retail purchases, unadjusted for inflation, increased 0.1% after a revised 1.1% gain in July, Commerce Department data showed Tuesday. Excluding autos and gasoline stations, sales ...
US Retail Sales Ticked up Last Month in Sign of Ongoing …
WEB3 days ago · Retail sales ticked up 0.1% from July to August, ... A slowdown in hiring and a recent rise in the unemployment rate have fueled concerns the economy is sputtering, yet steady spending should ...
US retail sales ticked up last month in sign of ongoing consumer ...
WEB3 days ago · WASHINGTON (AP) — Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate. Retail sales ticked up 0.1% from July to August, after jumping the most in a year and a half the previous month, the Commerce Department said Tuesday.
Retail sales rise again and show U.S. economy still on solid …
WEB3 days ago · Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.
Retail sales: Spending is suddenly surging in the US economy’s …
WEBAug 15, 2024 · Sales at US retailers unexpectedly surged in July, the Commerce Department said Thursday, rising by a solid 1% from the prior month, up from June’s downwardly revised 0.2% decline. That trounced...
Stock Market Jumps on U.S. Retail Sales Rise, Easing Concerns …
WEBAug 15, 2024 · Retail sales increased 1 percent in July from the previous month, the Commerce Department said, well above the 0.4 percent rise that economists were expecting. A bounce-back in auto sales...
Strong retail sales, factory output point to robust US growth in …
WEBWASHINGTON, Oct 17 (Reuters) - U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and bars, cementing...
US Retail Sales Exceeded Forecast in July, Showing Resilient …
WEBAug 15, 2023 · US Retail Sales Top Forecasts, Showcasing Consumer Resilience. July sales rose 0.7% after upward revisions to prior months; Broad gain included firmer sales at online, clothing retailers
Retail sales surge 0.7% in March as Americans ... - Associated Press News
WEBApr 15, 2024 · Retail sales rose 0.7% last month — almost double what economists had forecast — after rising 0.9% in February, according to Commerce Department data released Monday. The February figure was revised upward. That comes after sales fell 1.1% in January, dragged down in part by inclement weather.
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