American consumer spending was unchanged in September, held back mainly by auto and gasoline sales as prices at the pump and auto dealers fell on the month, the Commerce Department reported on Friday. The data was not adjusted for inflation. With inflation controlled for, sales volume was also flat ... READ MORE >
U.S. retail sales
Retail sales rebound on strong autos spending
Retail sales in the United States rose by 0.3%, in August, driven by a sharp rise in spending on automobiles, according to Commerce Department data released on Thursday. But after adjusting for inflation, real retail sales growth was flat on the month, following the strong rebound of 0.8% in ... READ MORE >
Retail sales unchanged amid sharp drop in gasoline prices
Retail sales stayed flat in July on the back of a sharp drop in gasoline prices and lower automobile sales, the U.S. Census Bureau reported on Wednesday. With inflation remaining largely unchanged in July, retail sales after being adjusted for inflation should also likely be flat on the month. Lower ... READ MORE >
Retail sales rebounded in June amid elevated inflation
Retail sales posted solid growth in June yet likely failed to offset sky-high inflation for the second straight month, government data showed on Friday. Most of the increases came from higher gasoline prices in the first half of June, not stronger demand. Retail sales rose by 1.0% in June before ... READ MORE >
U.S. retail sales: A solid month of growth
American consumers continued to spend more at retail stores in April despite inflation as lower gasoline prices helped to boost spending on discretionary items. But it won't last long as gasoline prices reached a record high in May. Retail sales in the United States rose by 0.9% in April from a ... READ MORE >