Retail sales: Spending is suddenly surging in the US economy’s …
Aug 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...
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...
Evidence is mounting that the American shopper is cutting back
Jun 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...
Strong discretionary spending buoys US retail sales in September
WASHINGTON, Oct 17 (Reuters) - U.S. retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars, supporting the view...
US retail sales rebound | CNN Business
Dec 14, 2023 · Retail sales, which are adjusted for seasonal swings but not inflation, rose 0.3% in November from the prior month, the Commerce Department reported Thursday.
Inflation and retail sales data greet a roaring stock market rally ...
2 days ago · Wall Street economists expect headline inflation rose just 2.6% annually in October, an increase from the 2.4% rise in September. Prices are set to rise 0.2% on a month-over-month basis, per ...
Strong US retail sales boost first-quarter growth estimates
WASHINGTON, April 15 (Reuters) - U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter...
Retail Industry - Latest News and Analysis - WSJ.com
Retail. Richemont Sales Fall as Luxury’s China Woes Linger. The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players …
Mastercard SpendingPulse: January U.S. Retail Sales Up 7.2%, …
2022 kicked off with gains across nearly all retail sectors, according to Mastercard SpendingPulse TM, which measures in-store and online retail sales across all forms of payment.This January, U.S. retail sales excluding auto increased 7.2% year-over-year (YOY), with online sales growing 10.4% compared to January 2021.Despite the shadow of Omicron and elevated inflation, consumer spending was ...
Mastercard SpendingPulse: U.S. retail sales grew 11.0%* year-over …
www.mastercard.com. According to Mastercard SpendingPulseTM, U.S. retail sales excluding automotive and gasoline increased +11.0% year-over-year in June and increased +10.4% compared to June 2019. E-commerce growth continued to hold steady +8.3% YOY/ +95.0% YO2Y, reflecting the ongoing shift to digital, driven by the pandemic.