US retail sales showcase economy's enduring strength | Reuters

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 unrevised

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US Retail Sales Showcase Economy's Enduring Strength | Reuters

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FAQs about US retail sales showcase economy's enduring strength | Reuters Coupon?

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 perform in November?

Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October’s 0.5% gain. Sales jumped 2.6% at auto dealers, driving most of the gain. ...

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 ...

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. ...

Did retail sales rise 0.7 percent last month?

This article includes reporting from the Associated Press. Retail sales rose 0.7 percent last month, the federal Commerce Department reported. ...

How did Reuters forecast retail sales in October?

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. Beginning of dialog window. Escape will cancel and close the window. ...