USretailsales unexpectedly rose last month — a surprisingly strong result that likely lowers the odds for a large rate cut this week from the Federal Reserve. Data released on Tuesday by the ...
Retailsales ticked up 0.1% from July to August ... A slowdown in hiring and a recent rise in the unemployment rate have fueled concerns the economy is sputtering, yet steady spending should ...
WASHINGTON (Reuters) - U.S. retailsales unexpectedly rose in August ... They also expect precautionary saving to rise if the labor market deteriorates, which could weigh on spending.