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2025-09-16 20:37:51
US Retail Sales Surpass Expectations in August: (1) US retail sales rose 0.6% month-over-month in August, matching the upwardly revised July increase and significantly exceeding market expectations of a 0.2% increase. (2) Sales at non-brick-and-mortar retailers surged 2%, leading all retail categories. (3) Clothing store sales rose 1%, while sales at sporting goods, musical instruments, and bookstores increased 0.8%. (4) Food services and drinking establishments saw a 0.7% increase, while sales at gas stations and motor vehicles both rose 0.5%. (5) This marked the second consecutive month of solid 0.6% retail sales growth, demonstrating continued strong consumer demand.
