MarketPR
retail and food services sales for August cleared the Reuters consensus of 0.8% and reversed a revised 0.5% July decline, the Census Bureau said Wednesday.
Total sales came in at $773.9 billion on a seasonally adjusted basis, 6.0% above August 2025, and the strongest single-month move since March. The next confirmable milestone is what the Federal Reserve does with it.
Service-station receipts rose 3.1% as gasoline prices climbed through the period, and dining and drinking establishments logged stronger traffic alongside broader gains across goods categories.
The July figure was revised to a 0.5% decline from the initially reported 0.6% drop. The print was strong enough to prompt economists to raise their third-quarter GDP growth estimates.
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