retail sales

Retail sales surged by much more than expected in July, raising the risk of a revival of inflation.

The headline figure missed expectations but the control group exceeded expectations.

Goldman Sachs downgraded its 2023 growth forecast for China from 6% to 5.4% on Sunday, joining financial institutions like UBS, Bank of America, Nomura, and JPMorgan that have made comparable downward revisions to their China growth forecasts over the past few weeks.

Stronger retail sales, however, could add further fuel to the inflation fires burning through the U.S. economy.

Modelo Especial has claimed the title of the top-selling beer in America.

Excluding autos and gas stations, retail sales beat expectations in April.

A dramatic decline in sales tax revenues from pre-pandemic levels is a sign of the ongoing retail collapse in downtown San Francisco, the result of a pandemic exodus, as well as mass looting events and urban decay.

U.S. retail sales decreased slightly less than half a percent in February after jumping a revised 3.2 percent in January.

The economic data this week — including the acceleration of consumer prices — all scream “no landing. But, as we have been warning, no recession now or in the near future likely means more persistent inflation and a worse recession later.

Americans started the year by spending far more than expected at retail businesses.

It’s likely that retail sales grew by more than expected as the year kicked-off.

Weaker-than-expected holiday sales led to deeper discounts from retailers, wholesalers, services businesses, and producers.

December sales were much lower than expected and November was revised down sharply.

Holiday sales rose this year as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure.

With retail sales coming in below expectations, why aren’t more workers being laid off?

Consumer spending softened much more than expected in November.

The buzzword this Black Friday is “muted.”

Expectations for retail sales are still high this year. Will declining consumer sentiment throw a monkey wrench into the works?

Here we go again. The Commerce Department on Wednesday said that consumer spending grew by 1.3 percent compared with September, when spending was unchanged with the prior month. Compared with a year ago, retail sales were up 8.9 percent. Total

China’s state-run Global Times on Thursday bemoaned the collapse of demand from Western countries for “festive products for coming Halloween,” while taking some solace in brisk orders for “Christmas consumption.”

The acceleration of inflation in recent months and the very recent increase in gas prices appear to have pushed up consumer expectations of inflation for the near term and the longer run. U.S. consumers expect prices to rise 5.1 percent

Excluding restaurants and bars, retail spending fell 0.1 percent.

Retail sales outside of gas stations and car dealers were down 0.4 percent compared with April.

The cracks that have started to emerge in the post-pandemic recovery grew a bit more visible in the May jobs report.

Holiday shoppers stayed away in December thanks to high prices and early shopping.

An industry group has said that German retail trade over Christmas has been ‘dramatically bad’ due to the country’s COVID Pass rules.

Many economists mistook early holiday shopping for consumer strength instead of concerns over inflation and supply chains constraints pulling shopping forward.

Retail sales grew by more than expected in October. But it’s not clear if that is because people were buying more or if this just reflects higher prices.

Once you adjust for inflation, September’s retail sales were not all that impressive.

The economy is slowing by much more than expected while inflation soars and shortages plague supply-chains.

Tech and e-commerce giant Amazon reportedly plans to open multiple large physical stores across the United States that will operate similarly to department stores. Amazon is already the largest seller of clothing in the United States.

Retail sales declined by more than expected in July as consumer confidence crashed amid rising coronavirus infections and rapid inflation.

Retail sales declined a seasonal adjusted 1.3 percent in May from the month before, the U.S. Commerce Department said Tuesday. The consensus forecast was for a smaller decline of 0.5 percent.

Retail and food services sales were unchanged from the prior month, falling short of the one percent expansion forecast by economists. \

Retail sales fell by 3 percent in February compared with the prior month, the Commerce Department said Tuesday. Economists had expected a much smaller decline of 0.5 percent.

Sales in U.S. stores fell far more than economists had expected.