The American consumer just keeps on keeping on. The latest retail sales figures came in better than expected: up 0.6% in August, after a similar monthly gain in July. That’s despite falling consumer ...
U.S. Retail Sales grew 0.6% M/M to $732.0B in August, outpacing the +0.3% consensus and maintaining the 0.6% increase in July, according to data released by the U.S. Census Bureau on Tuesday. The ...
The engine of this economy — consumers — slowed in May. Consumer spending is responsible for more than two-thirds of gross domestic product in the U.S. The gauge of the engine is, in this case, retail ...
Forbes contributors publish independent expert analyses and insights. Joan Verdon is a veteran retail reporter based in Northern New Jersey. This article is more than 2 years old. U.S retail sales ...
Forbes contributors publish independent expert analyses and insights. Shelley E. Kohan covers the retail industry and is based in New York. Although consumers are optimistic about the holiday shopping ...
Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ...
Don’t bet against the American consumer, a Wall Street saying goes. The latest increase in retail spending may prove the point. Retail sales rose strongly in August for the third month in a row, a ...
NEW YORK (AP) — Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald Trump’s tariffs start to hurt the job ...