Solid US retail sales in October underscore economy's resilience

1 day ago · November 15, 20245:40 AM PSTUpdated 4 min ago. WASHINGTON, Nov 15 (Reuters) - U.S. retail sales increased slightly more than expected in October, but underlying …

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U.S. Retail Sales Fall More Than Expected, While Other Data …

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Feb 16, 2024 · The larger-than-expected loss came after a strong round of holiday shopping in December, which the report revised to a 0.4% gain. Excluding autos, sales were down 0.6%; …

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US Retail Sales Report Showcases Consumer, Economic Resilience

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Jul 16, 2024 · Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, would fall 0.3% after a previously reported 0.1% gain in May. …

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Retail Sales Rose More Than Expected In October - The Wall Street …

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1 day ago · American shoppers have spent more than expected so far this fall at retail establishments and restaurants. U.S. retail and food-service sales rose 0.4% in October from …

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US Retail Sales Report Showcases Consumer, Economic Resilience

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Jul 16, 2024 · Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, would fall 0.3% after a previously reported 0.1% gain in May. …

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Retail Sales Fall More Than Expected In January As Higher Prices ...

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Feb 15, 2024 · Business at clothing and accessory stores was down 0.2%, while sales at health and personal care stores fell 1.1% Sales at building materials and garden suppliers fell 4.1%, …

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Retail Sales Rise More Than Expected In October - Fast Company

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22 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 Retail Sales Declined In January By Much More Than Expected

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Feb 15, 2024 · Retail sales, which captures spending on all goods and food services, fell 0.8% in January, the Commerce Department reported Thursday, breaking a two-month streak of …

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Weak Retail Sales, Manufacturing Output Data Point To Slowing US ...

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Apr 14, 2023 · Retail sales dropped 1.0% last month, the Commerce Department said. Data for February was revised up to show retail sales falling 0.2% instead of 0.4% as previously …

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November US Retail Sales Fall More Than Expected - S&P Global

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Dec 16, 2022 · Retail and food services fell 0.6%, according to U.S. Census Bureau data released Dec. 15. Economists expected that figure to fall 0.2%, according to a consensus estimate …

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Prices May Be Rising, But Americans Shopped More Than Expected …

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Feb 16, 2022 · US retail sales rose by 3.8% in January from the month prior, adjusted for seasonal swings – more than the 2% increase economists had predicted. That puts the sales …

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FAQs about Solid US retail sales in October underscore economy's resilience Coupon?

Did US retail sales increase more than expected in October?

REUTERS/Mark Makela/File Photo WASHINGTON (Reuters) - U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter. ...

Why did US retail sales fall less than forecast in October?

Simply sign up to the US economy myFT Digest -- delivered directly to your inbox. US retail sales fell less than forecast in October, in a sign of consumer’s relative resilience, even as several big retailers acknowledged economic pressure is crimping spending ahead of the holiday season. ...

How did retail sales perform in October?

WASHINGTON, Nov 15 (Reuters) - U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter. Retail sales rose 0.4% last month after an upwardly revised 0.8% advance in September, the Commerce Department's Census Bureau said on Friday. ...

How much did retail sales fall last month?

Retail sales fell 0.6% last month, the biggest drop since December 2021, after an unrevised 1.3% jump in October. Economists polled by Reuters had forecast sales dipping 0.1%. Retail sales increased 6.5% year-on-year in November. ...

Why did retail sales fall in November?

Economists also noted that goods prices tumbled in November, which could have weighed on retail sales last month. The discounts by retailers were also probably a drag on the dollar value of sales. Retail sales are mostly goods and are not adjusted for inflation. ...

How much will retail sales fall in 2023?

Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, would fall 0.3% after a previously reported 0.1% gain in May. Retail sales increased 2.3% on a year-on-year basis in June. Momentum has, however, slowed from the 7.7% gain logged in January 2023. ...