US retail sales beat expectations in November - ET BrandEquity

Dec 18, 2024 · The U.S. central bank's benchmark overnight interest rate is currently in the 4.50%-4.75% range, having been hiked by 5.25 percentage points between March 2022 and …

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US Retail Sales Beat Expectations In November - ET BrandEquity

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Dec 18, 2024 · The U.S. central bank's benchmark overnight interest rate is currently in the 4.50%-4.75% range, having been hiked by 5.25 percentage points between March 2022 and …

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US Retail Sales Showcase Economy's Enduring Strength | Reuters

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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 sales …

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November Retail Sales Hit 11-Month Highs, Signal Strong

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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% …

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November Retail Sales Top Wall Street's Expectations - Yahoo Finance

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Dec 17, 2024 · A 2.4% month-over-month increase in motor vehicle and auto parts sales, as well as a 1.8% increase in online sales, drove the gains. November sales, excluding auto and gas, …

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US Economy Still Resilient As Retail Sales Beat Expectations, Layoffs ...

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Dec 14, 2023 · Retail sales increased 0.3% last month after falling 0.2% in October, the Commerce Department's Census Bureau said. Economists polled by Reuters had forecast …

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US Retail Sales Beat Expectations In November

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Dec 17, 2024 · Retail sales excluding automobiles, gasoline, building materials and food services rose 0.4% last month after an unrevised 0.1% dip in October. These so-called core retail …

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FAQs about US retail sales beat expectations in November - ET BrandEquity Coupon?

Did US retail sales beat expectations in November?

US retail sales beat expectations in November A woman looks at holiday ornaments at a pop-up Holiday shop in New York City·Reuters Reuters Tue, Dec 17, 2024, 8:40 AM2 min read ...

Why did retail sales increase in November?

U.S. retail sales increased in more than expected in November amid an acceleration in motor vehicle purchases, consistent with strong underlying momentum in the economy as the year winds down. Retail sales jumped 0.7% last month after an upwardly revised 0.5% gain in October, the Commerce Department's Census Bureau said on Tuesday. ...

How did retail sales compare to a year ago?

Compared with the same period a year ago, retail sales were 4.1 percent higher, according to the Commerce Department report. Sales at gasoline stations slipped 2.9 percent from October to November, likely on the back of lower gas prices, while those at electronics and appliances stores dropped 1.1 percent as well. ...

How did retail sales perform in November?

November retail sales grew at a faster pace than Wall Street analysts had expected, reflecting continued resilience in the American consumer and indicating that the holiday shopping season in the US is off to a strong start. Retail sales rose 0.7% in November. Economists had expected a 0.6% rise in spending, according to Bloomberg data. ...

How much did retail sales rise in October?

Retail sales jumped 0.7% last month after an upwardly revised 0.5% gain in October, the Commerce Department's Census Bureau said on Tuesday. 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. ...

Why did UK retail sales rebound less than expected in November?

British retail sales rebounded less than expected in November, capping a string of disappointing data for the UK economy. The quantity of goods bought rose 0.2 per cent between October and November, as weakness in clothing sales offset stronger sales at supermarkets, the Office for National Statistics said on Friday. ...