US Retail Sales Rise by 1.9% in September

Retail Sales in the US rose by 1.9% on a monthly basis in September to $549.3 billion, the data published by the US Census Bureau showed on Friday. This reading followed August’s increase of 0.6% and came in better than the market expectation of 0.7%.

“Nonstore retailers were up 23.8%from September 2019, while building material and garden equipment and supplies dealers were up 19.1% from last year.”