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Retail sales surprise as Americans increase spending in August
U.S. retail sales rose 0.6% in August, exceeding expectations, with July’s figures also revised up to 0.6%, the Commerce Department reported.
Strong gains were seen in e-commerce (+2%), clothing (+1%), and sporting goods (+0.8%), while department stores, furniture, and miscellaneous retailers saw slight declines.
The data, unadjusted for inflation, highlights robust consumer spending despite labor market concerns and rising prices, providing a bright spot for the economy amid fears of a summer slowdown, Axios has reported.
read more: https://www.axios.com/2025/09/16/retail-sales-august-spending-tariffs
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#RetailSales #USEconomy #ConsumerSpending
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