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 ...
They also expect precautionary saving to rise if the labor market deteriorates ... A column chart titled "Monthly change in US core retail sales" that tracks the metric over the last year.
WASHINGTON (Reuters) - 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.
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 ...
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 ...
Retail Sales in the Euro Area increased 0.20% in August of over the previous month, meeting consensus. In August 2024 ...
Eurozone retail sales grew 0.2% in August, rebounding from July's flat reading, while Germany's factory orders plunged 5.8%, ...
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 ...
WASHINGTON (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 ...
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 ...
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.