U.S. Retail Sales Climb 0.4% In September, Slightly More Than Expected

LIKE.TG | 发现全球营销软件&服务汇聚顶尖互联网营销和AI营销产品,提供一站式出海营销解决方案。唯一官网:www.like.tg
(RTTNews) - A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased by slightly more than expected in the month of September.
The Commerce Department said retail sales rose by 0.4 percent in September after inching up by 0.1 percent in August. Economists had expected retail sales to rise by 0.3 percent.
"Strong retail spending last month suggests the recovery maintained strength through the end of the third quarter," said FHN Financial Economic Analyst Mark Streiber.
He added, "Whatever hurricane- or strike- related disruptions there may be in upcoming data releases, today's report showed no sign that consumer spending has slowed down."
The slightly stronger than expected retail sales growth partly reflected a sharp increase in sales by miscellaneous store retailers, which spiked by 4.0 percent.
Sales by clothing and accessories stores, health and personal care stores, grocery stores and food services and drinking places also saw notable growth.
Meanwhile, sales by electronics and appliance stores plunged by 3.3 percent, and sales by furniture and home furnishings stores and gas stations also slumped.
The report also said sales by motor vehicle and parts dealers came in unchanged in September after falling by 0.4 percent in August.
Excluding auto sales, retail sales climbed by 0.5 percent in September after rising by 0.2 percent in August. Ex-auto sales were expected to inch up by 0.1 percent.
The Commerce Department also said core retail sales, which exclude automobiles, gasoline, building materials and food services, increased by 0.7 percent in September after rising by 0.3 percent in August.

LIKE.TG:汇集全球营销软件&服务,助力出海企业营销增长。提供最新的“私域营销获客”“跨境电商”“全球客服”“金融支持”“web3”等一手资讯新闻。
点击【联系客服】 🎁 免费领 1G 住宅代理IP/proxy, 即刻体验 WhatsApp、LINE、Telegram、Twitter、ZALO、Instagram、signal等获客系统,社媒账号购买 & 粉丝引流自助服务或关注【LIKE.TG出海指南频道】、【LIKE.TG生态链-全球资源互联社区】连接全球出海营销资源。
本文由LIKE.TG编辑部转载自互联网并编辑,如有侵权影响,请联系官方客服,将为您妥善处理。
This article is republished from public internet and edited by the LIKE.TG editorial department. If there is any infringement, please contact our official customer service for proper handling.
Server deployment全球论坛人工智能论坛全球峰会发展论坛战略论坛开放论坛程序员论坛互联网峰会科技峰会