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Retail sales topped Wall Street analysts' expectations in March as consumers continued to spend despite a higher interest rate environment. Retail sales for the month increased 0.7% from...
A fresh reading on that trend is set to greet investors on Thursday with the January retail sales report. Economists expect that retail sales declined 0.2% in January from the prior month.
Retail sales rose 0.6% in February from the previous month, according to Census Bureau data. Economists had expected a 0.8% increase in spending, according to Bloomberg data.
Economists expect Thursday morning's report will show retail sales grew 0.8% month over month in February, a rebound from the 0.8% decline seen in the first month of the year.
A July retail sales report and corporate results from some of America's largest retailers will provide key insights into the strength of the US consumer during the back to school shopping...
Retail sales rose 0.2% in June from the previous month, lower than Wall Street's estimates for 0.5% growth. Sales excluding auto and gas increased 0.3%, in line with estimates from economists...
Since 1951, the U.S. Census Bureau has published the Retail Sales report every month. It is a measure of consumer spending, an important indicator of the US GDP. Retail firms provide data on the dollar value of their retail sales and inventories. A sample of 12,000 firms is included in the final survey and 5,000 in the advanced one.
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 for inflation,...
The Commerce Department is set to release its monthly retail sales report for July on Wednesday, with economists expecting headline sales rose 0.1%, a modest increase after climbing 1.0% in...
Retail sales grew 0.3% in November, according to Census Bureau data. Economists had expected a 0.1% decline. October retail sales had posted a 0.2% decline.