US retail sales showcase resilience of economy’s growth engine

By Vince Golle
Published 3 Min Read

Bloomberg Mercury

U.S. retail sales strengthened in September by more than forecast in a broad advance, illustrating resilient consumer spending that continues to power the economy.

The value of retail purchases, unadjusted for inflation, increased 0.4% after a 0.1% gain in August, Commerce Department data showed Thursday. Excluding autos and gasoline stations, sales climbed 0.7%.

Vince Golle

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