✉news BusinessRetail first seen 5 d ago, last 4 d ago, peak #7
US retail sales up 0.8% in September on gasoline spending
Original: U.S. retail sales rise 0.8% in September on gasoline spending
US retail sales rose 0.8% in September, driven largely by higher gasoline spending. The increase suggests consumer demand remained resilient at the start of the fourth quarter, though much of the gain reflects elevated fuel prices rather than broader spending strength. Economists will be watching whether households sustain their outlays as holiday shopping approaches.
Why now: Fresh monthly retail sales data offers a key read on the strength of US consumer spending amid inflation concerns.
Evidence
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