Coverage dated September 16, 2026 to September 18, 2026
Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July
Headline from Anchorage Daily News
Much of the strength in retail last month reflected a bounce back in nonstore sales,
Anchorage Daily News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Retail sales soared in August, defying predictions that slumping consumer sentiment and rising gasoline prices would trigger a pullback in spending. Sales at retail shops and online rose 1.2 percent, the Commerce Department said Wednesday. Excluding gas stations, sales rose
The strong spending report comes as the Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation.
Retail Sales Rebound in August, Exceed Economists' Expectations Retail sales bounced back in August, exceeding economists’ predictions, U.S. Census Bureau advance estimate data released Wednesday show. Compared to July, retail sales increased 1.2% in August, better than economists’ forecast of a 0.
