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.
US retail sales unexpectedly rose in August, pointing to healthy consumer demand that continues to underpin the economy.
Analysts say there's still room for growth when it comes to online shopping, though most purchases are still made in person.
The Census Bureau's Advance Retail Sales Report for August revealed headline sales were up 0.1% last month. The latest ...
Ocado lifted its revenue guidance for fiscal 2024 and confirmed its earnings target, after its retail joint venture with ...
Retail sales in the U.S. rose slightly by 0.1% in August, following a sharp increase in July, signaling that consumers remain ...
(PRESS RELEASE) WASHINGTON – Data released by the U.S. Census Bureau shows retail sales continued to grow in August, fueled ...
Ocado Group Plc’s online grocery business lifted its revenue guidance for the year after a strong third quarter for the ...
Retail sales and public sector finance from the UK and business confidence from France are due on Friday, headlining a light day for ...
Retail used-vehicle sales in August saw an impressive 8% month-over-month gain, according to Cox Automotive’s vAuto data ...
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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