U.S. Retail Sales Rise 0.2 Percent in September Before Holiday Season
September retail sales rose 0.2%, driven by higher-income consumers despite inflation, ahead of a holiday season expected to exceed $1 trillion, the National Retail Federation said.
- Consumer spending may have lifted economic growth to 3% or higher in the third quarter, despite high inflation and tariffs.
- Higher-Income consumers are driving much of the gains, while lower-income shoppers seek bargains and necessities.
46 Articles
46 Articles
US retail sales rose slightly in September, adding to months of big gains - Boston News, Weather, Sports
WASHINGTON (AP) — Sales at U.S. retailers and restaurants increased modestly in September as resilient consumers moderated their spending after splurging over the summer. Sales rose 0.2% in September from the previous month, the Commerce Department said Tuesday, in a report delayed more than a month because of the government shutdown. Sales jumped 0.6% in July and August and 1% in June. Numerous reports on inflation, employment, spending, and gr…
US retail sales rose slightly in September, adding to months of big gains
Sales at U.S. retailers and restaurants rose slightly in September as resilient consumers moderated their spending after splurging over the summer. Sales increased 0.2% last month from August, the Commerce Department said, in a report delayed more than a month…
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