Arab Today, arab today us retail sales tick higher in august
Last Updated : GMT 10:31:50
Arab Today, arab today
Arab Today, arab today

US retail sales tick higher in August

Arab Today, arab today

Arab Today, arab today US retail sales tick higher in August

Washington - AFP

US retail sales edged higher in August at a weaker than expected pace, led by auto and home furnishing sales, official data released Friday showed. Retail sales, which reflects a key component of consumer spending that is the bulwark of the US economy, rose 0.2 percent in August from July, the Commerce Department said. The increase was half the 0.4 percent rise expected by analysts. But the department revised upward the July reading to 0.4 percent from an initial estimate of 0.2 percent. Excluding sales of motor vehicles and equipment, retail sales rose a mere 0.1 percent in August, a marked slowdown from the revised 0.6 percent gain in July. Total retail sales in August were up 4.7 percent year-over-year. The mixed report, showing a weak August but a stronger July, was the last significant piece of economic data ahead of the Federal Reserve\'s two-day monetary policy meeting that starts Tuesday. The Fed is widely expected to announce a pullback in its massive monetary stimulus program on Wednesday. The central bank has said it will taper the $85 billion a month asset-purchase program if the economy continues to show broad improvement.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us retail sales tick higher in august Arab Today, arab today us retail sales tick higher in august

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us retail sales tick higher in august Arab Today, arab today us retail sales tick higher in august

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday