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 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...
Retail News and Trends | Retail Dive
WEBRetail Dive provides news and analysis for retail executives. We cover topics like retail tech, marketing, e-commerce, logistics, in-store operations, corporate retail news, and more.
Evidence is mounting that the American shopper is cutting back
WEBJun 18, 2024 · Sales at US retailers rose last month at an unexpectedly weak pace as Americans continue to deal with still-high inflation and elevated interest rates. Retail sales rose just 0.1% in May from the...
Retail sales unchanged in June from May, underscoring shoppers ...
WEBJul 16, 2024 · Retail sales were unchanged in June from May, after being revised upward to a 0.3% increase in May, according to the Commerce Department report Tuesday. Last month, April sales were revised downward — a 0.2% decline, from unchanged. Sales rose 0.6% in March and 0.9% in February.
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