Retail Sales up 0.6% in Aug. From Jul. Even
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A separate report Tuesday from the National Retail Federation/CNBC and powered by Affinity Solutions, found that sales excluding autos and gasoline, which tend to be volatile month to month, grew by 0.5% in August. The gain was fueled by back-to-school shopping and seasonal discounts.
US retail sales in August were stronger than expected. But resilient American shoppers are still looking for deals wherever they can find them, with a weakening labor market and tariff-related inflation fears still swirling.
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis. Before that, Sarina reported and edited for the ...
Retail sales in the United States increased 0.5% sequentially in July 2025, in line with market expectations and following an upwardly revised 0.9% rise in June. The largest increases were seen in sales at motor vehicle & parts dealers (1.6%), and ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis. Before that, Sarina reported and edited for 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 sales, which declined 0.9% from April, according to ...
While in-store sales are expected to grow 2.75% from last year, e-commerce sales growth is slowing, according to a recent report from Bain & Company.