Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July

Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July — Live Feedhttps://www.live-feeds.com/feed/retail-sales-rise-a-better-than-expected-1-2-in-august-after-shoppers-pulled-back-spending-in-julyContinuously updated, source-cited coverage. US Retail Sales Rise 1.2% in August Following July Diphttps://www.live-feeds.com/feed/retail-sales-rise-a-better-than-expected-1-2-in-august-after-shoppers-pulled-back-spending-in-julyhttps://www.live-feeds.com/feed/retail-sales-rise-a-better-than-expected-1-2-in-august-after-shoppers-pulled-back-spending-in-july#u72909Thu, 17 Sep 2026 14:06:23 +0000US retail sales grew by 1.2% in August, exceeding expectations and rebounding after a spending decline in July. This broad advance indicates consumer resilience despite inflation and rising gas prices. The strong spending data supports the Federal Reserve's potential case for raising short-term interest rates to combat persistent inflation. Market reactions included gold trading at $4,340 per ounce following the report. The growth suggests that American households continue to power the economy even as they face higher costs at the pump.Why it mattersThe Federal Reserve is widely expected