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News in English (USA) / 17.10.2024 / 17:00

U.S. Retail Sales Show Resilience with Solid Gains in September

The latest retail sales data reveals a robust growth of 0.4% in September, surpassing expectations and indicating strong consumer spending. Americans have increased their expenditures, particularly in discretionary categories, which has bolstered the economy significantly. This uptick in retail sales, alongside a decline in jobless claims, underscores the resilience of the U.S. consumer and points toward sustained economic strength. The S&P 500 futures have also responded positively to the news, reflecting optimism in the markets as investors look for signs of ongoing economic expansion.
CNBC, CNN, Axios, "Investors Business Daily", Marketscreener.com, MarketWatch, Reuters, Bloomberg, ABC News, Benzinga