US retail sales unexpectedly rose last month — a surprisingly strong result that likely lowers the odds for a large rate cut this week from the Federal Reserve. Data released on Tuesday by the ...
advance estimates for U.S. retail and food services sales in August reached $710.8 billion, marking a 0.1% increase from July 2024. This modest rise exceeded expectations, as economists had ...
US retail sales increased 0.1% to reach $710.8 billion in August, beating market estimates, according to advance figures released on Tuesday by the US Commerce Department. The estimate was for the ...
U.S. retail sales unexpectedly rose in August ... They also expect precautionary saving to rise if the labor market deteriorates, which could weigh on spending. Others, however, argued that the ...
US consumer spending rose only slightly in August, government data showed Tuesday, with consumers appearing to shift towards essentials in the face of high interest rates. Overall retail sales ...
Wall Street stocks opened higher Tuesday following better than expected US retail sales as markets looked ahead to a likely Federal Reserve interest rate cut later in the week. Overall retail ...
US retail sales came in slightly ahead of expectations as investors ramp up bets that the Federal Reserve will wave through a big rate cut on Thursday. Retail sales volumes rose 0.1 per cent in ...
US retail sales grew slightly in August, but at a much slower pace than the previous month, suggesting a slowdown in consumer spending by US households. Retail sales rose 0.1% month-on-month to $710.8 ...
WASHINGTON, D.C. — US consumer spending rose only slightly in August, government data showed on Tuesday, with consumers appearing to shift toward essentials in the face of high interest rates. Overall ...
Investing.com -- US retail sales unexpectedly rose in August, potentially soothing some concerns over a broader economic slowdown ahead of a major Federal Reserve interest rate decision this week.