Spike in gas prices boosted retail sales last month

Higher gasoline prices boosted U.S. retail sales last month, while consumers spent more modestly on other items. , a measure of how much consumers spent on a number of everyday goods, including cars, food and gasoline, rose 0.6% in August, the Commerce Department said Thursday. That is above both…#commercedepartment #refinitiv #jeffreyroach #lplfinancial #amazon #federalreserve #billadams #comericabank

Source: Reuters: Health - September 14, 2023 Category: Consumer Health News Source Type: news