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 the economy remained on solid footing through much of the third quarter.
Key Takeaways Retail sales increased by 0.1% in August, bucking economist projections of a decline but slowing down from July ...
Consumer confidence appears to have taken a big hit in the run-up to next month’s Budget. The reversal comes despite stable ...
U.S. retail sales are expected to rise 3.2% in the holiday season as companies look to deals to attract thrifty shoppers.
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In August, retail sales edged up by 0.1% from July, according to U.S. Census Bureau data released on Tuesday, defying ...
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