US economy on solid ground as retail sales surprise on the upside
WASHINGTON, Sept 17 (Reuters) - U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting that the economy remained on solid footing through much of the third quarter.
Key Takeaways Retail sales increased by 0.1% in August, bucking economist projections of a decline but slowing down from July ...
Retail sales increased 0.9% to $66.4 billion in July. Sales were up in seven of nine subsectors, led by increases at motor ...
Canadian retail sales likely rose sharply in August after a solid July gain, indicating a strong rebound after two ...
Statistics Canada says retail sales rose 0.9 per cent to $66.4-billion in July, helped by stronger new car sales. The agency says sales were higher in seven of the nine subsectors it tracks ...
Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and consumer-focused companies ...
UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains riding on ...
Sterling rose against the dollar and euro on Friday, buoyed by strong UK retail sales data and steady inflation. The pound ...
U.S. retail sales are expected to rise 3.2% in the holiday season as companies look to deals to attract thrifty shoppers.
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