Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July
Consumers increased their spending in August at a faster pace than economists had predicted. This spending increase followed a notably sharp decline in July when shoppers had reduced their purchases. The overall trend shows how consumer spending can shift month to month.
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National17 articles from 14 sources across the spectrum· Updated 11d ago
8 across the spectrum · tap a section to jump
How each side is putting it
Left
3 viewpointsRan by 7 outlets across the spectrum· The Boston Globe, Philadelphia Inquirer
U.S. retail sales surged past expectations in August as shoppers kept spending despite inflation
Center
2 viewpointsRan by 7 outlets across the spectrum· Anchorage Daily News, The Columbian, +2 more
Ran by 3 outlets across the spectrum· Pittsburgh Post-Gazette, WTOP Washington DC
Right
3 viewpointsRetail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July