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Retail Sales, Ongoing Consumer Resilience and Economy
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.
August Retail Sales Beat. Why It Won’t Be a ‘Game Changer’ for the Fed.
A strong report could pave the way for a more modest rate cut, while a softer reading may spur the central bank into taking more drastic action.
US retail sales ticked up last month in sign of ongoing consumer resilience
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.
2d
on MSN
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is ...
Marketplace
1d
Online retail sales rose nearly 8% in August over last year
Analysts say there's still room for growth when it comes to online shopping, though most purchases are still made in person.
2d
US Retail Sales Post Surprise Gain, Helped by Online Stores
US retail sales unexpectedly rose in August, pointing to healthy consumer demand that continues to underpin the economy.
1d
on MSN
August retail sales insights: Strong eCommerce growth, but department stores suffer
In August, retail sales nudged up by 0.1% from July, according to U.S. Census Bureau data released on Tuesday, defying ...
1d
on MSN
Ocado Retail Lifts Sales Guidance on Improved Volumes
Ocado lifted its revenue guidance for fiscal 2024 and confirmed its earnings target, after its retail joint venture with ...
1d
Ocado Retail Lifts Sales Guidance After Bumper Quarter
Ocado Group Plc’s online grocery business lifted its revenue guidance for the year after a strong third quarter for the ...
2h
SD Retail IPO opens today: Check subscription status, GMP and other details
SD Retail IPO opened on September 20, aiming to raise ₹64.98 crore through 49.6 lakh shares. The net proceeds of the issue ...
14h
on MSN
Compton Rite Aid locks up its merchandise in attempts to control retail theft
"We are taking an active role in helping law enforcement in their pursuit of shoplifters...," Rite Aid wrote in a statement.
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