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Retail sales up a solid 0.7% in September as American consumers defy rising prices, interest rates

Por: ABC News Business October 17, 2023

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NEW YORK -- Americans kept spending in September at a solid pace even as they grappled with higher prices and interest rates.Retail sales rose 0.7% in September, more than twice what economists had expected, and close to a a revised 0.8% bump in August, the Commerce Department reported Tuesday. Retail sales in August were inflated after gasoline prices spiked, however. That was not the case in September. since begun to decline. Excluding sales... + full article



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