Lower gas prices helping to support spending on other items

Lower gas prices helping to support spending on other items

July year-over-year overall retail sales registered 8.6%. While month-over-month sales were unchanged in July, the details were far more encouraging, with a price-related fall in gasoline sales freeing up households to increase spending on other goods. With prices no...
Lower gas prices helping to support spending on other items

Economic Market Pulse | Volume 90

Retail sales soften in February after a big January increase Sales at U.S. retailers slowed sharply in February, rising a scant 0.3%, which was primarily offset by the upward revision in January’s gains from 3.8% to 4.9%.  However, taken together, the...