US retail sales rose strongly in July; up 1.0% versus expected 0.4

Aug 15, 2024 · U.S. retail sales rose by a larger than expected amount in July, pointing to resilience in consumer spending activity ahead of next month’s Federal Reserve meeting. …

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US Retail Sales Rose Strongly In July; Up 1.0% Versus Expected 0.4

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Aug 15, 2024 · U.S. retail sales rose by a larger than expected amount in July, pointing to resilience in consumer spending activity ahead of next month’s Federal Reserve meeting. …

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US Retail Sales Rose Strongly In July; Up 1.0% Versus Expected 0.4% ...

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On an annual basis, retail sales rose by 2.7%, having increased by a revised lower 2.0% in June. This data could impact the outlook for the wider economy, as consumption accounts for about …

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US Retail Sales Rose Strongly In July; Up 1.0% Versus Expected 0.

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On an annual basis, retail sales rose by 2.7%, having increased by a revised lower 2.0% in June. This data could impact the outlook for the wider economy, as consumption accounts for about …

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Retail Sales July 2024: Consumer Spending Jumped, Better Than …

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Aug 15, 2024 · Retail sales were projected to increase 0.3% in July, according to the Dow Jones consensus estimate.

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Retail Sales: Spending Is Suddenly Surging In The US Economy’s …

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Aug 15, 2024 · Excluding that category, retail sales were up by a still-strong 0.4% in July from June. Retail spending on electronics and at grocery stores also rose robustly last month, up by …

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Jul Retail Sales - Ftportfolios.com

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Aug 15, 2024 · the consensus expected gain of 0.4%. Reta il sales are up 2.7% versus a year ago. Sales excluding autos rose 0.4% in July, beating the consensus expected +0.1%. These …

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US Retail Sales Rise More Than Expected In July - U.S. News

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Aug 15, 2024 · Retail sales increased 1.0% last month after a downwardly revised 0.2% drop in June, the Commerce Department's Census Bureau said on Thursday.

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US Retail Sales Rose Strongly In July; Up 1.0% Versus Expected 0.4

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Aug 15, 2024 · Investing.com - U.S. retail sales rose by a larger than expected amount in July, pointing to resilience in consumer spending activity ahead of next month’s Federal Reserve …

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Retail Sales Surged In July. The Fed Can Breathe A Sigh Of Relief.

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Retail sales climbed 1% in July from June, according to data released Thursday by the Census Bureau. Economists polled by FactSet expected a 0.3% increase. On an annual basis, sales …

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US Retail Sales Rose Strongly In July; Up 1.0% Versus Expected 0.4% ...

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Investing.com - U.S. retail sales rose by a larger than expected amount in July, pointing to resilience in consumer spending activity ahead of next month’s Federal Reserve meeting. …

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What To Expect From This Week's Closely Watched Retail Sales …

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Aug 13, 2024 · Retail sales likely rose 0.3% in July compared with the previous month, according to economists' estimates ahead of the data's release on Thursday. ... Auto sales are expected …

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FAQs about US retail sales rose strongly in July; up 1.0% versus expected 0.4 Coupon?

Why did retail sales rise 1% in July?

Investing.com - U.S. retail sales rose by a larger than expected amount in July, pointing to resilience in consumer spending activity ahead of next month’s Federal Reserve meeting. Retail sales rose by 1% last month, accelerating from an unchanged reading in June, according to Commerce Department data released earlier Thursday. ...

Will July's retail sales indicate a slow economy?

July’s retail sales may be the indicator that matters most, at least where the Federal Reserve is concerned, as the central bank looks for signs of where the economy is headed in the second half of the year. Fed officials wanted the U.S. economy to slow when they started raising rates in March of 2022. ...

How will retail sales affect the economy?

On an annual basis, retail sales rose by 2.7%, having increased by a revised lower 2.0% in June. This data could impact the outlook for the wider economy, as consumption accounts for about two-thirds of U.S. economic growth, which may in turn influence how the Federal Reserve approaches potential interest rate reductions this year. ...

How much did sales increase in June?

Economists surveyed by Dow Jones had been looking for a 0.3% increase. June sales were revised to a decline of 0.2% after initially being reported as flat. Excluding auto-related items, sales increased 0.4%, also better than the 0.1% forecast. ...

Will retail sales help ease economic slowdown?

WASHINGTON, Aug 15 (Reuters) - U.S. retail sales rose more than expected in July, which could help to allay financial market fears of a sharp economic slowdown that were fanned by a jump in the unemployment rate. ...

Did July's retail sales report Stoke recession fears?

Markets were anxiously looking to July’s retail sales report for signs that consumers have been afflicted by higher interest rates and nagging inflation. Had the report come in much lower than expected, it likely would have stoked recession fears. ...