Search results
- Bank of America is predicting a more robust performance, with headline retail sales potentially climbing by 0.8% for the month. “We forecast above-consensus gains of 0.7% and 0.8% in the Census Bureau's September estimates for retail sales excluding autos and the core control group,” said Aditya Bhave, economist at Bank of America.
People also ask
What will bank of America expect from September retail sales data?
Why did retail sales grow in September?
What did Bank of America's credit and debit card spending data show?
Will America's spending habits lead to a 'no landing' scenario?
Will a big increase in retail sales last month be a concern?
Which retail categories grew the most in August?
6 days ago · Bank of America analysts expect September retail sales data, set for release on October 17, to show a 0.8% surge. Consensus estimates expect just 0.2% growth, according to economists polled by ...
Oct 17, 2023 · September's retail sales report comes as major banks have discussed a resilient US consumer who is still spending but is likely slowing down to end the year.
- Josh Schafer
- 4 min
5 hours ago · Wall Street Is Upbeat. The U.S. economy has been cruising ahead, the latest economic data indicate. Thursday’s retail sales report should show that the good times aren’t over.
Oct 17, 2023 · The surprisingly “hot” retail sales report will tend to heighten fears that both the Fed and interest rate markets will produce a tightening of monetary conditions, rising interest costs and ...
Oct 17, 2023 · The consumer price index, released last week, showed headline inflation up 0.4% in September. On a year-over-basis, sales rose 3.8%, compared with the 3.7% increase for the CPI. Treasury yields ...
Oct 17, 2023 · Today's retail-sales report, which covers expenditure at stores, online and at restaurants, will show whether consumer resilience persisted in September, or whether a slowdown took hold.
