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2024-10-17 13:00:57
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cnbc.com_3 on Nostr: Summary of Retail sales rose 0.4% in September, better than expected; jobless claims ...

Summary of Retail sales rose 0.4% in September, better than expected; jobless claims dip



The source article:
Retail sales rose 0.4% in September, better than expected; jobless claims dip


Consumer spending held up in September, underscoring a resilient economy.

https://www.cnbc.com/2024/10/17/retail-sales-rose-0point4percent-in-september-better-than-expected-jobless-claims-dip.html

The US Commerce Department reported that consumer spending remained strong in September, with retail sales increasing 0.4% and the labor market showing resilience despite signs of weakening through the summer. The report also showed that the Federal Reserve's rate cut in September had a positive impact on the economy.
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