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 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: Spending is suddenly surging in the US economy’s ... - CNN
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...
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...
Retail sales rise again and show U.S. economy still on solid ground ...
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.
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...
Stocks surge after retail sales data shows Americans are still ... - CNN
WEBJul 16, 2024 · Wall Street is cheering after fresh data showed American consumers aren’t tapping out quite yet, despite a disappointing few months for retailers. US retail spending has been mostly flat since ...
Holiday Retail Sales Soared, With E-Commerce Notching Huge Gains …
WEBDec 26, 2021 · Retail sales in the United States jumped nearly 11 percent this season compared with the holiday period in 2019, the year before the pandemic upended the global economy, according to a report...
Retail News | Latest Consumer & Retail Stories | Reuters
WEB2 days ago · Find latest retail news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.
Retail Sales Jump in September as Consumers Spend More and …
WEBOct 15, 2021 · Retail sales rose unexpectedly in September, as American consumers shook off fast-rising prices, shortages of goods, and the Delta variant outbreak in many parts of the country.