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A newly released report showed consumer sentiment this month remained at the same level it was a month earlier but it’s still high, while separate reports indicated inflation remains rather tame.
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Retail sales in the U.S fell for the third straight month in February, according to new government numbers, pointing to slower economic growth in the first quarter. Separate reports about inflation showed it cooled at both the retail and wholesale levels.
Read More →Prices at the retail level jumped more than expected during January, raising concerns about rising inflation as well as interest rates, while a separate reported showed one of the biggest drivers of the U.S. economy declined by the most in nearly a year.
Read More →Retail sales ended 2017 on a high note, while price inflation at both the retail and wholesale levels are of so little threat to the economy, some analysts are wondering if they will keep a lid on planned interest rate hikes.
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One of the biggest drivers of the American economy unexpectedly improved again in October, increasing hopes for a strong overall fourth quarter economic performance. A separate report showed just a minimal rise in inflation, but it’s likely strong enough to led the Federal Reserve to push interest rates higher next month.
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Retail prices recorded their biggest hike in eight months in September, according to a new report, while separate ones show the best improvement in retail sales in more than two years amid consumer sentiment hitting its highest level since 2004.
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Retail sales in the U.S. reversed course in August along with industrial production, both taking a hit due to due to recent storms, as price inflation reared its head, while consumers appeared to be ever resilient.
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Despite retail sales falling by the biggest amount in 16 months and a dip in consumer prices, the Federal Reserve raised interest rates on Wednesday for the third consecutive quarter as the central bank signaled its confidence in the U.S. economy.
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Retail sales in the U.S. bounced back in April after falling the month before as two readings of inflation also rebounded, all raising the prospect that the Federal Reserve will increase interest rates again in June.
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Retail sales fell for the second straight month during March, according to the Commerce Department on Friday. Separate reports showed consumer prices declined – but there are expectations that retail imports will continue to grow as the overall economy expands.
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