✉news BusinessRetail first seen 2 d ago, last 8 min ago, peak #1
US retail sales rose 0.8% in September
Original: Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills
US retail sales rose 0.8% in September, a stronger-than-expected figure that suggests consumer spending held firm. However, analysts note that a significant portion of the increase came from higher gasoline prices, meaning households were paying more at the pump rather than buying more goods broadly. The data raises questions about the underlying strength of consumer demand heading into the final quarter of the year.
Why now: Fresh monthly retail sales data shows resilience but also inflation pressure from fuel costs.
United Statesretail sectorgasoline
Rank over time, top of the chart is #1. 9 snapshots from 11 h ago to 8 min ago.
Evidence
- Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills · WXXV News 25
- Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills · AP News
- Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills · Charleston Gazette-Mail
- Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills · Boston Herald
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