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US Retail Sales UP on Trump Tax Cuts, Consumer Spending Strengthens

US Retail Sales UP on Trump Tax Cuts, Consumer Spending Strengthens US retail sales rebounded in March after 3 straight monthly decliners as households boosted purchases of motor vehicles and other big-ticket items, s.....»»

Category: topSource: livetradingnewsApr 16th, 2018

Consumer Spending Explodes, Driven By Vaccine Recipients, Millennials Splurging On Airlines, Restaurants

Consumer Spending Explodes, Driven By Vaccine Recipients, Millennials Splurging On Airlines, Restaurants Now that the awful February retail sales report is in the rearview mirror, as is its huge miss to consensus expectations - just as w.....»»

Category: smallbizSource: nytMar 24th, 2021

U.S. consumer spending does "an almost unbelievable about-face"

China has not usurped the United States as the largest retail market in the world despite predictions the U.S. would have a tougher time bouncing back quickly from Covid-19 pandemic challenges; in fact, although November sales dipped as consumer.....»»

Category: topSource: bizjournalsDec 19th, 2020

NewsWatch: Retail sales crater a record 16.4% in April amid coronavirus lockdowns and spending slump

Sales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending......»»

Category: topSource: marketwatchMay 15th, 2020

NewsWatch: Retail sales crater record 16% in April amid coronavirus lockdowns and spending slump

Sales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending......»»

Category: topSource: marketwatchMay 15th, 2020

Economic Report: Retail sales crater a record 16.4% in April amid coronavirus lockdowns and spending slump

Sales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending......»»

Category: topSource: marketwatchMay 15th, 2020

U.S. retail sales collapse as coronavirus keeps consumers at home

U.S. retail sales suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a range of goods, setting up consumer spending for its worst decline in decades......»»

Category: topSource: reutersApr 15th, 2020

Coronavirus delivers record blow to U.S. retail sales in March

U.S. retail sales suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a range of goods, setting up consumer spending for its worst decline in decades......»»

Category: topSource: reutersApr 15th, 2020

Coronavirus seen knocking U.S. retail sales in March

U.S. retail sales likely suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a range of goods, setting up consumer spending for its worst decline in decades......»»

Category: topSource: reutersApr 15th, 2020

Holiday Retail Sales Growth Were Better Than Many Troubled Retailers Are Suggesting

It is rather important to evaluate retail sales when it comes to the broader economy. Somewhere close to 70% of total U.S. gross domestic product is tied to spending at the consumer level......»»

Category: blogSource: 247wallstJan 16th, 2020

Famed economist David Rosenberg lays out the evidence that recession risks are alive and well — and warns a "state of denial" has gripped the market

The details of the most recent report on US retail sales show that consumer spending — the economy's biggest driver — is not as.....»»

Category: topSource: businessinsiderNov 21st, 2019

Economic Report: U.S. retail sales snap 6-month win streak in September as receipts fall 0.3%

Sales at U.S. retailers fell in September for the first time in seven months as most stores posted lower receipts, signaling that a widely expected slowdown in consumer spending is under way......»»

Category: topSource: marketwatchOct 16th, 2019

Solid U.S. retail sales calm some worries about economy

U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth......»»

Category: topSource: reutersSep 13th, 2019

Solid U.S. retail sales ease economic growth concerns

U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth......»»

Category: topSource: reutersSep 13th, 2019

U.S. retail sales increase solidly in boost to economy

U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth......»»

Category: topSource: reutersSep 13th, 2019

People are spending record amounts of money at restaurants

A strong jobs market and tax cuts are helping to bolster consumer spending at restaurants. The National Restaurant Association projects overall industry sales will hit a high of $863 billion in 2019, up 3.6% year over year......»»

Category: topSource: moneycentralAug 19th, 2019

U.S. consumer spending strong; manufacturing struggling

U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, which could help to assuage financial market fears that the economy was heading into recession......»»

Category: topSource: reutersAug 15th, 2019

Bond Report: 10-year Treasury yield touches four-week high after stronger-than-expected U.S. retail sales

Treasury yields jump Tuesday after update on consumer spending shows the economic health of U.S. households remains in good shape......»»

Category: topSource: marketwatchJul 16th, 2019

U.S. retail sales ease fears over economy; rate cut still seen

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment......»»

Category: topSource: reutersJul 16th, 2019

Economic Report: Retail sales pop again in June in good sign for consumer-driven U.S. economy

Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes......»»

Category: topSource: marketwatchJul 16th, 2019

Strong U.S. retail sales boost economic outlook

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment......»»

Category: topSource: reutersJul 16th, 2019