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Retail Sales, Economy
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.
Will Tuesday's Retail Sales Data Affect the Fed's Decision?
Key Takeaways Retail sales increased by 0.1% in August, bucking economist projections of a decline but slowing down from July’s pace.The sales report is the last major release before the Federal Reserve's policy-setting committee makes an interest rate decision on Wednesday.
US retail sales ticked up last month in sign of ongoing consumer resilience
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.
2d
US Retail Sales Post Surprise Gain, Helped by Online Stores
US retail sales unexpectedly rose in August, pointing to healthy consumer demand that continues to underpin the economy.
Marketplace
1d
Online retail sales rose nearly 8% in August over last year
Analysts say there's still room for growth when it comes to online shopping, though most purchases are still made in person.
2d
on MSN
Retail sales top Wall Street estimates in August
Tuesday's retail sales report serves as one of the final economic data points as the Federal Reserve mulls how much it will ...
1d
on MSN
August retail sales insights: Strong eCommerce growth, but department stores suffer
In August, retail sales nudged up by 0.1% from July, according to U.S. Census Bureau data released on Tuesday, defying ...
Bernews
1d
Retail Sales Decreased 1.1% In April 2024
After adjusting for the retail sales rate of inflation – measured at 3.3% in April – the overall volume of retail sales index ...
16h
on MSN
Ocado Retail Lifts Sales Guidance on Improved Volumes
Ocado lifted its revenue guidance for fiscal 2024 and confirmed its earnings target, after its retail joint venture with ...
16h
Ocado Retail Lifts Sales Guidance After Bumper Quarter
Ocado Group Plc’s online grocery business lifted its revenue guidance for the year after a strong third quarter for the ...
1d
Retail Spending Rise Bolsters Year-End Outlook
Census Department data for August shows consumers defied economists' predictions of shrinking retail spending, setting the ...
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