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 · US retail sales unexpectedly rose in August, supported by online purchases that masked more mixed results at other merchants. The value of retail purchases, unadjusted for inflation, increased 0.1 ...
America’s economic engine is still revving, despite fears of a ... - CNN
WEB3 days ago · Liao Pan/China News Service/Getty Images/FILE. ... Retail sales make up a sizable chunk of overall spending. ... In August, consumers surveyed by the Federal Reserve Bank of New York reported a 5% ...
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 gain in August as consumers continue to spend
WEB3 days ago · advertisement. In August, sales jumped 1.4% for online retailers in August and rose 0.7% at health and personal care outlets. Yet they were flat for restaurants and bars, a sign that consumers are ...
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 top Wall Street estimates in August - Yahoo Finance
WEB3 days ago · RETAIL SALES REBOUND IN JULY. August sales, excluding auto and gas, rose 0.2%, below consensus estimates for a 0.3% increase. The control group in Tuesday's release, which excludes several ...
Retail sales unexpectedly edge up in August; core retail sale rise …
WEB3 days ago · Retail sales nudged up 0.1% in August from a month earlier, defying the expectation for a 0.3% M/M dip while slowing from the 1.1% increase in July, which was revised up from 1.0%, according to U ...
Retail sales rise 0.6% in August largely due to a spike in gas prices
WEBSep 14, 2023 · Retail sales rose 0.6% in August, compared with a revised 0.5% increase in July, according to a report issued by the Commerce Department on Thursday. A closely watched category of retail sales that excludes auto dealers, gas stations and building materials and feeds into the gross domestic product increased just 0.1% last month compared to the ...
US retail spending picked up in August, mostly due to sales at …
WEBSep 14, 2023 · Online retail sales in August were flat, after jumping in July due to Amazon’s Prime Day promotional event. US consumer prices continued to rise last month — but the Fed probably won't raise...
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