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US Retail Sales Up 0.6% in August, Higher Than Expected
The Census Bureau's Advance Retail Sales Report for August showed consumer spending was higher than expected, with headline sales rising 0.6% versus the expected 0.2% monthly growth. This is unchanged from July's upwardly revised 0.6% growth and marks the third consecutive monthly increase in headline sales. For an inflation-adjusted perspective on retail sales, take a look at our Real Retail Sales commentary. Advance estimates of U.S. retail and food services sales for August 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $732.0 billion, up 0.6 percent ... (full story)
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Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as President Donald Trump’s tariffs are starting to hurt the job market and lead to price hikes. Retail sales rose 0.6% last month from July, when sales were up a revised 0.6%, according to the Commerce Department’s report. The ...
US retail sales were firmer than predicted for August, rising 0.6% month-on-month at the headline level, while ex autos gained 0.7% MoM relative to 0.2% and 0.4% consensus forecasts respectively. The control group, which excludes volatile components such as autos, gasoline, food service and building materials, better tracks broader consumer spending trends ...
From scotiabank.com | Sep 16, 2025
Canadian auto sales slowed in August to 1.76 mn units (-7.3% month-over-month) at a seasonally adjusted annualized rate (SAAR) according to Wards Automotive (chart 1). Auto sales continue to pull back from their tariff front-running spring surge, having declined in three of the past four months in seasonally adjusted terms, as headwinds build from tariffs, ...
