Us Retail Sales Unchanged Consumers Showing Resilience

U S Retail Sales Unchanged Consumers Showing Resilience Re The unchanged reading in retail sales last month followed an upwardly revised 0.4% rise in august. sales in august were previously reported to have gained 0.3%. retail sales increased 8.2% on a. Washington, july 16 (reuters) u.s. retail sales were unchanged in june as a drop in receipts at auto dealerships was offset by broad strength elsewhere, a display of consumer resilience that.

Us Retail Sales Unchanged Consumers Showing Resilience U.s. retail sales were unexpectedly flat in september as households cut back on purchases of motor vehicles and other big ticket items like electronics and appliances amid stubbornly high. U.s. retail sales were unchanged in june as a drop in receipts at auto dealerships was offset by broad strength elsewhere, a display of consumer resilience that bolstered economic growth prospects. U.s. retail sales were unexpectedly flat in september as households cut back on purchases of motor vehicles and other big ticket items like electronics and appliances amid stubbornly high inflation and rapidly rising interest rates. but consumers are not rolling over yet, with the report from the commerce department on friday also showing a measure of underlying retail sales rising last month. Us consumers’ surprising show of resilience helped send stocks higher on tuesday, with the dow reaching a new record. sales at gas stations declined the most last month, dropping 3% from may.