Retail Sales Show Impact of Surging Gas Prices
U.S. retail sales picked up in March, helped by a surge in gas station receipts that masked mixed results in other large spending categories as consumers contend with decades-high inflation.
December Retail Sales Slip After Record Holiday Season
NEW YORK — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Jan. 14 show that after spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.
Despite Supply Issues and Omicron, Holiday Sales Rise 8.5%
Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending measure.
Target Sales Surging Amid Holiday Shopping
Target is an early winner of the U.S. holiday shopping season. The big-box chain increased sales approximately 10% in November, according to Bloomberg Second Measure, which analyzes anonymized U.S. consumer transactions to measure revenue.
Retail Sales Jump by Most Since March, Topping Forecasts
U.S. retail sales rose in October for a third month, signaling households continue to spend even with the fastest inflation in decades.
Resilient Shoppers Push Retail Sales Up 0.7% in September
NEW YORK — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods.
Retail Sales Unexpectedly Jump in Sign of Resilient Demand
U.S. retail sales rose unexpectedly in August as a pickup in purchases across most categories more than offset weakness at auto dealers, showing resilient consumer demand for merchandise.
Gain in Retail Sales Underscores Solid, Steady Consumer Activity
U.S. retail sales rose unexpectedly in June, reflecting fairly broad gains across spending categories and wrapping up a solid quarter for household demand.
US Retail Sales Drop, Hinting at Shift to Spending on Services
U.S. retail sales declined in May, after a stimulus-related splurge in the prior two months, suggesting consumers are starting to shift more of their spending to services as the economy reopens.
Retail Sales Flat in April as Stimulus Spending Wanes
NEW YORK — Retail sales in the U.S. were flat in April, after soaring in March, when many Americans received $1,400 stimulus checks that boosted spending.