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Retail sales increased 3.8% year-on-year in November. Labor market resilience, characterized by historically low layoffs and strong wage growth, is underpinning consumer spending.
Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, advancing 0.6% after a previously reported 0.7% rise in November. Retail sales ...
WASHINGTON (Reuters) -U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods, suggesting the economy kicked off ...
Retail sales increased 2.1% on a year-on-year basis in August. Online store sales rebounded 1.4% after falling 0.4% in July. Sales at gasoline stations dropped 1.2%, reflecting lower prices at the ...
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% jump in sales at auto dealers ...
Import prices were unchanged in June, a separate report from the Labor Department's Bureau of Labor Statistics showed. The Fed has maintained its benchmark overnight interest rate in the current 5 ...
The figures, announced Thursday, marked a clear sign that consumers are still able and willing to shop, and the data bodes well for 2025 even as shoppers remain deal-focused. Retail sales rose 0.4 ...
Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October's 0.5% gain. Sales jumped 2.6% at auto dealers, driving most of the gain. The ...