US November retail sales rev higher on new motor vehicles

Dec 18, 2024 · Sales at car dealerships jumped 2.6 per cent, probably boosted by residents replacing motor vehicles damaged by Hurricanes Helene and Milton. Online retail sales …

CouponFollow Extension

7%
OFF

US Retail Sales Showcase Economy's Enduring Strength | Reuters

4 weeks from now

Dec 17, 2024 · Retail sales increase 0.7% in November, above market expectations for 0.5% gain; Auto dealerships, online retailers boost sales; Core retail sales rise 0.4%; October core …

reuters.com

7%
OFF

Auto Sales Drive Unexpected Boost In Consumer Spending In …

4 weeks from now

Dec 17, 2024 · U.S. retail sales increased by 0.7% in November, marking the sixth consecutive month sales data came in better than economists' projections. A big jump in auto sales is …

investopedia.com

6%
OFF

Motor Vehicles, Online Purchases Boost US Retail Sales In November

4 weeks from now

Dec 17, 2024 · Sales at auto dealerships jumped 2.6%, likely boosted by residents replacing motor vehicles damaged by Hurricanes Helene and Milton. Online retail sales vaulted 1.8%.

streetinsider.com

5%
OFF

Motor Vehicles, Online Purchases Boost US Retail Sales In …

4 weeks from now

Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, advancing 0.5% after a previously reported 0.4% rise in October. …

msn.com

7%
OFF

Retail Sales Jump 0.7% In November Led By Autos And Online Sales

4 weeks from now

Dec 17, 2024 · According to the latest data from the U.S. Department of Commerce, retail sales across the country increased by 0.7% in November, building on a revised 0.5% rise in October.

qz.com

7%
OFF

November Retail Sales Hit 11-Month Highs, Signal Strong

4 weeks from now

Dec 17, 2024 · U.S. retail sales rose 0.7% in November, surpassing expectations of 0.5%, driven by strong consumer spending as the holidays began. Auto sales led growth, jumping 2.6% …

benzinga.com

7%
OFF

US Auto Sales Set To Rise In November Amid Steeper Discounts, …

4 weeks from now

Nov 27, 2024 · US Auto Sales Set to Rise in November Amid Steeper Discounts, Report Shows. By Reuters | Nov. 27, 2024. ... Retail inventory is projected to rise 29.7% to 2.1 million units, …

usnews.com

7%
OFF

US Retail Sales Boosted By Auto Purchases | VT News

4 weeks from now

US retail sales rose by 0.7% in November, surpassing expectations and reflecting resilience in consumer spending despite high interest rates intended to control inflation. The increase was …

vtnews.ai

7%
OFF

U.S. November Retail Sales Rise, Boosted By Auto Purchases And O

4 weeks from now

Retail sales in the U.S. rose by 0.7% in November, driven by increased auto purchases and online shopping, according to the Census Bureau. Excluding autos, sales grew 0.2% for the second …

gurufocus.com

7%
OFF

US Auto Sales Expected To Rise In November, Consumer Spending …

4 weeks from now

Nov 28, 2024 · Total new-vehicle sales for November 2024, including retail and non-retail transactions, are projected to rise 6.7% year-over-year to 1,361,200 on a selling day adjusted …

ibtimes.com

2%
OFF

Used Retail Vehicle Sales Increase In November

4 weeks from now

Dec 20, 2024 · According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in November1 increased by nearly 2% month over month …

coxautoinc.com

5%
OFF

U.S. Consumers Increased Holiday Spending This Year Even As They …

4 weeks from now

Dec 26, 2024 · The group expects that shoppers will have made $979.5 billion to $989 billion worth of purchases in November and December, which would represent a 2.5%-3.5% increase …

pbs.org

5%
OFF

Motor Vehicles, Online Purchases Boost US Retail Sales In November

4 weeks from now

Dec 17, 2024 · Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, advancing 0.5% after a previously reported 0.4% rise in …

kitco.com

FAQs about US November retail sales rev higher on new motor vehicles Coupon?

What boosted US retail sales in November?

(Bloomberg) -- US retail sales increased at a firm pace in November, bolstered by a surge in car purchases and solid online shopping that masked more mixed spending elsewhere. Most Read from Bloomberg ...

Why did retail sales increase more than expected in November?

U.S. retail sales increased more than expected in November as households stepped up purchases of motor vehicles and online merchandise, consistent with strong underlying momentum in the economy as the year winds down. ...

How did US retail sales perform in November?

US retail sales increased at a firm pace in November, bolstered by a surge in car purchases that masked more mixed spending elsewhere. The value of retail purchases, not adjusted for inflation, increased 0.7% after a revised 0.5% gain in October, Commerce Department data showed Tuesday. Excluding autos, sales climbed 0.2% for a second month. ...

Why did car sales rise 0.7 percent in October?

Retail sales rose 0.7 percent, the Commerce Department reported Tuesday, surpassing October's 0.5 percent gain. Auto dealers drove much of the increase, with sales jumping 2.6 percent, likely fueled by demand in areas hit by Hurricane Helene and attractive discounts offered by car dealers. ...

Why did new car sales rise 67% in November?

REUTERS/Mike Blake/File Photo (Reuters) - New vehicle sales in the U.S. are projected to have risen 6.7% in November from a year earlier, driven by higher discounts to clear elevated inventory, according to a joint report by industry consultants J.D. Power and GlobalData on Wednesday. ...

How much will new-vehicle sales increase in November 2024?

Total new-vehicle sales for November 2024, including retail and non-retail transactions, are projected to rise 6.7% year-over-year to 1,361,200 on a selling day adjusted basis, according to a joint forecas t from J.D. Power and GlobalData. ...