October 15, 2021
September Retail Sales Better Than Expected – Again
September retail sales rose 0.7% month-over-month building on a better-than-expected August. Retail spending increased 0.7% in September on broad-based improvement after unexpectedly increasing 0.9% in August, and indication that consumer demand remains robust. Economists expected a month-over-month decline of 0.2%, with estimates ranging from -0.8% to +1.0%. In Tuesday’s research meeting, and in subsequent communications, […]
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