Retail Sales Rise 0.7% in September, Stronger Than Expected
October 19, 2023 at 12:39 PM EDT
The Census Bureau’s Advance Retail Sales Report for September revealed a 0.7% increase in headline sales compared to August. This marks the sixth consecutive month consumer spending has increased. The latest figure was much stronger than the anticipated 0.3% monthly growth. For an inflation-adjusted perspective on retail sales, take a look at our Real Retail Sales commentary. [...] The post Retail Sales Rise 0.7% in September, Stronger Than Expected appeared first on ETF Trends .
