Retail Sales Up 0.4% in September, Better Than Expected

Published on October 17, 2024

The Census Bureau's Advance Retail Sales Report for September revealed headline sales were up 0.4% last month. The latest reading was higher than the expected 0.3% monthly growth in consumer spending.

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In the week ending October 12th, initial jobless claims were at a seasonally adjusted level of 241,000. This represents a decrease of 19,000 from the previous week's figure and is right in line with what economists were expecting.