Retail sales rise as consumers keep spending freely - Los Angeles …

Aug. 15, 2023 Updated 1:31 PM PT. Americans increased their purchases at retailers last month — for clothing, dining out, online goods and other items — in a sign that solid consumer spending ...

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Retail Sales Up Solidly In October As Americans Showed Continued ...

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1 day ago · WASHINGTON -- U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy's steady growth. Retail purchases rose 0.4% …

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Retail Sales Rise More Than Expected In October - Fast Company

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19 hours ago · Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. A 1.6% …

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US Shoppers Spent More At Retailers Last Month In Latest Sign …

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Oct 17, 2024 · Clothing store purchases leapt 1.5% last month, though sales at electronics and furniture stores dropped. Last week, the government reported that consumer prices rose just …

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Retail Sales Up Strongly In December As Americans Showed …

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Jan 17, 2024 · Retail sales accelerated 0.6% in December from November’s 0.3% increase, the Commerce Department reported Wednesday. Because spending by consumers accounts for …

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Retail Sales Rise, Defying Expectations, As Consumers Keep Calm …

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Dec 14, 2023 · Retail sales rose a seasonally adjusted 0.3% in November from October, as consumers ramped up their spending at restaurants, online stores, car dealerships, and other …

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Retail Sales Up Strongly In December - Los Angeles Times

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Jan 17, 2024 · Retail sales accelerated 0.6% in December from November’s 0.3% increase, the Commerce Department says, in a report suggesting shoppers will keep fueling economic growth.

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Driving Retail Spending, Wealthier Americans Are Powering US …

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Oct 18, 2024 · By August 2024, inflation-adjusted spending on retail goods was nearly 17% higher than it was in January 2018 for upper-income households, defined as those earning more than …

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Retail Sales Rise Sharply Despite Higher Prices - PressReader

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Aug 16, 2024 · Retail sales rise sharply despite higher prices Consumers spend 1% more in July than in June, easing concerns that the economy might be weakening. 2024-08-16 - …

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Wealthier Americans Are Driving Retail Spending And Powering US …

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Oct 17, 2024 · And for those earning less than $60,000, spending has risen just 7.9% since 2018. It actually fell from mid-2021 through mid-2023. “Middle- and high-income households have …

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Retail Sales Jump As Americans Defy Inflation And ... - Los Angeles …

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Feb 15, 2023 · The retail sales figures showed that spending at restaurants soared 7.2% in January and more than 25% compared with a year earlier. The retail sales report isn’t adjusted …

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Black Friday: Richer Shoppers Spend Freely, Others ... - Los Angeles …

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Nov 26, 2022 · On Thanksgiving Day, consumers spent a record $5.29 billion online, up by 2.9% from last year, according to Adobe Analytics data. By 6 p.m. Eastern time Friday, consumers …

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FAQs about Retail sales rise as consumers keep spending freely - Los Angeles … Coupon?

Why did Americans spend a bit more at retailers last month?

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. Retail sales ticked up 0.1% from July to August, after jumping the most in a year and a half the previous month, the Commerce Department said Tuesday. ...

Why did retail sales rise in July?

Americans increased their purchases at retailers last month — for clothing, dining out, online goods and other items — in a sign that solid consumer spending is still powering a resilient U.S. economy. Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department’s report Tuesday. ...

Why did retail sales rise 0.7 percent in September?

Retail sales, excluding autos and gasoline, rose 0.7 percent in September, exceeding economists’ expectations. Gabby Jones for The New York Times Shoppers spent more than expected on a wide range of goods last month, a sign that consumer demand, the engine of U.S. economic growth, remains solid. ...

Will shoppers keep fueling economic growth this year?

Because spending by consumers accounts for nearly 70% of the U.S. economy, the report suggested that shoppers will be able to keep fueling economic growth this year. Among last month’s overall retail purchases, sales at stores that sell general merchandise rose 1.3%. ...

Why did shoppers spend more than expected in September?

Shoppers spent more than expected on a wide range of goods last month, a sign that consumer demand, the engine of U.S. economic growth, remains solid. Retail sales, which are not adjusted for inflation, rose 0.4 percent in September from the previous month, slightly ahead of economists’ expectations, the Census Bureau reported on Thursday. ...

How much did consumers spend on retail goods in 2024?

By August 2024, spending on retail goods was nearly 17% higher than it was in January 2018 for upper-income households, defined as those making more than $100,000. For middle-income households — those earning $60,000 to $100,000 — their spending rose 13.3% during the same period. ...