US retail sales rose in August for a third month in a broad advance, rounding out a resilient summer of spending. https://t.co/G9NlKewGlg ...

U.S. retail sales increased more than expected in August, but momentum could ease amid labor market weakness and rising goods prices because of tariffs on imports. ...

Core Insights - U.S. retail sales increased more than expected in August, driven by consumer spending across various goods and dining out, despite concerns over a weakening labor market and rising prices due to tariffs [1][2][3] Retail Sales Performance - Retail sales rose by 0.6% in August, following an upwardly revised 0.6% increase in July, surpassing economists' expectations of a 0.2% rise [4] - Year-over-year, retail sales increased by 5.0%, indicating strong consumer demand [5] - Adjusted for inflation, monthly sales growth was estimated at only 0.2% [5] Sector-Specific Trends - Sales at auto dealerships increased by 0.5%, reflecting higher prices despite a decline in units sold [5] - Clothing store sales advanced by 1.0%, while sales at sporting goods, hobby, musical instrument, and book stores rose by 0.8% [5] - Online sales surged by 2.0%, following a 0.6% increase in July, suggesting a shift in consumer purchasing behavior [6] Economic Context - The increase in retail sales underscores the economy's resilience amid challenges, leading economists to upgrade GDP estimates for the third quarter [3] - The Federal Reserve's primary concern remains the softening labor market, but positive retail data may influence a cautious approach to interest rate cuts [4][6]

Group 1 - The article does not provide any specific insights or data related to a company or industry [1][2][3][4]

Key dates this week 🗓️Sept 16 ➡️ 🇺🇸 Core Retail Sales MoMSept 17 ➡️ 🇪🇺 Consumer Price Index YoYSept 18 ➡️ 🇬🇧 BoE Interest Rate DecisionWhich dates are you watching? 👀 ...

China’s retail sales and factory output grew last month at the slowest pace this year, deepening concern over the health of the world’s second-largest economy: Here is your Evening Briefing. https://t.co/7koGsfWb3T ...

Job numbers may be soggy, but Americans are still spending, retail sales look solid and stockmarkets keep hitting all-time highs. The country’s economic picture is surprisingly strong https://t.co/GB8dCW6KMY ...

Retail sales much weaker than thought, house prices edge up and F1 team valuations tipped to keep rising -- get briefed ahead of your morning calls with The London Rush https://t.co/tPyVlEGUuA ...

Group 1 - July showed a solid advance in retail sales, indicating positive consumer sentiment and spending [1] - The core control group data from July contributes positively to GDP forecasts [1] - June's spending numbers were revised upward, further supporting the positive outlook for consumer spending [1]

The UK’s Office for National Statistics has delayed its retail sales release scheduled for this Friday by two weeks to conduct “further quality assurance” amid broader concerns about the agency’s data https://t.co/H38JP3p8cv ...