U.S. Retail Sales Climb More Than Expected Amid Jump In Auto Sales
Friday, 13 September 2019 Reflecting a jump in auto sales, the Commerce Department released a report on Friday showing U.S. retail sales increased by more than expected in the month of August. The Commerce Department said retail sales rose by 0.4 percent in August after climbing by an upwardly revised 0.8 percent in July.
U.S. retail sales increased more than expected in August, pointing to solid consumer spending. Reuters reports that analysts project the increase should continue to support a moderate pace of economic growth. The report from the Commerce Department on Friday could further allay financial market...
TJX reported third-quarter earnings of $828.3 million, or 68 cents a share, vs. $739.6 million, or 63 cents a share, in the year-ago. Analysts polled by FactSet had been expecting earnings of 66 cents..
After reporting an unexpected drop in retail sales in the previous month, the Commerce Department released a report on Friday showing U.S. retail sales rose by... RTTNews Also reported by •Seattle Times •Business Wire •IndiaTimes