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Retail sales up 0.7% in September as American consumers defy rising prices, interest_我的网站

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A |     NEW YORK -- Americans showed their steadfast resilience and kept spending online, at restaurants and other outlets in September even as they grappled with higher prices, rising interest rates and a host of other headwinds piling up.Retail sales rose 0.7% in September, more than twice what economists had expected, and close to a revised 0.8% bump in August, the Commerce Department reported Tuesday. Retail sales in August were inflated after gasoline prices spiked, however. That was not the case in September when gas prices rose more slowly.A closely watched category of retail sales that excludes auto dealers, gas stations and building materials and feeds into the gross domestic product jumped 0.6% last month compared to the prior month.Tuesday's sales figures aren't adjusted for inflation, but the cost of goods barely rose last month, so the increased spending isn't a reflection of higher prices. Prices for durable goods, such as those sold by appliance and electronics stores, actually fell last month.The government’s monthly retail sales report offers only a partial look at consumer spending; it doesn’t include many services, including health care, travel and hotel lodging. But it does cover spending at restaurants, which had a solid 0.9% increase. Spending online rose 1.1% last month, according to the report. Sales at general merchandise stores rose 0.4%. Sales at home furnishings and furniture stores were flat, while electronics stores and outlets that sell building materials saw declines reflecting a difficult housing market. The retail sales report, which reflects the sixth consecutive monthly gain, reinforces the fact that American consumers, as a whole, are showing no signs of pulling back on their spending, which powers most of the economy. That spending comes despite attempts by the Federal Reserve to cool spending and hiring. That's good news heading into the critical holiday shopping season. But the robust sales report also means that the Fed officials could leave the door open for additional rate hikes. That means that shoppers could face higher interest rates for awhile.“If the cost-of-living crisis has hit consumer confidence, you wouldn’t know it judging by a second month of strong retail sales with the consumer buying everything that wasn’t nailed down,” said Christopher S. Rupkey, chief economist at FWDBONDS LLC, a financial markets research company. “Fed officials have another rate hike this year up on their forecast board, and they will need to use it, if the economic data continues to surprise economists on the upside.” Still, questions remain whether shoppers will finally buckle under more bad news piling up from federal budget wrangling, the resumption of student loan repayments, and new global tensions tied to the Oct. 7 surprise attack by Hamas in Israel. The moratorium on student loan payments lifted Oct. 1. Analysts say that shoppers could also become rattled if the Israel-Hamas war is not contained.Moreover, the relentless spending by shoppers also comes at a cost to their household finances.“We have repeatedly under-estimated the U.S. consumer, “ said Tim Quinlan, a senior economist at Wells Fargo Economics. ”But in pulling off this spending spree, consumers have dented their household finances, a theme that is evident not only in the diminished savings, but also the trend rise in credit card delinquencies.”Healthy consumer spending is expected to lift the economy's growth rate to about 3.5% or possibly even higher in the July-September quarter. September's strong sales also suggests the economy may not slow as much in the final three months of the year as previously expected, analysts said. The retail sales report came as businesses across the U.S. economy ramped up hiring in September, defying surging interest rates, and the ongoing threat of a government shutdown. The strength of hiring has surprised economists inside and outside of the Fed. Consumer prices rose 0.4% from August to September, below the previous month’s 0.6% pace. The report from the Labor Department also showed that year-over-year inflation was flat last month from a 3.7% rise in August.Meanwhile, retailers are pulling out discounts and other incentives to get shoppers to open their wallets for the holiday season as they worry about shoppers' finances. Best Buy, the nation's largest consumer electronics retailer, unveiled a new experience that gives shoppers a chance to access some of the biggest deals and cool gadgets of the holiday season. The items, which kicked off late last month, are only available in limited quantities and exclusively through the Best Buy app. ——————AP Economics Writer Christopher Rugaber contributed to this report from Washington.——————Follow Anne D’Innocenzio: http://twitter.com/ADInnocenzio。

B |     AI摘要      持续降雨,我市保障“菜篮子”供应,肉、菜、蛋、水产货源充足。昨日数据显示,大白菜等常见蔬菜价格稳定,批发量增价稳。本地瓜果上市,外调蔬菜补充,供应充足。伏休结束,水产品增多,价格下降。

C |          连日来持续降雨,我市筑牢“菜篮子”保供防线,肉、菜、蛋、水产货源充足、供应稳定。    昨日厦门最新的农超零售均价显示:我市大白菜、圆白菜、白萝卜、土豆等大众家常菜价格亲民、供货稳定,例如,大白菜平均价格1.98元/500克,胡萝卜和白萝卜分别为1.99元/500克和1.61元/500克,圆白菜2元/500克,花菜、上海青、空心菜、尖椒等均为每500克3元多。

D | 市场人士分析,为对冲天气带来的供应波动,我市大型农产品批发市场主动加大外调力度,跨省调配蔬菜入厦,守住供应基本盘,目前,蔬菜价格整体稳定。    据有关部门最新监测数据显示,8月17日至8月23日,全市蔬菜批发上市量达19279吨,环比上涨1.5%,供应量稳中有升;蔬菜平均批发价格3.40元/千克,环比小幅下降0.5%,呈现量增价微降的良好态势。    当前正值本地瓜果蔬菜集中上市期,大瓜、胡瓜、苦瓜、丝瓜、秋葵、豌豆等果蔬批量上市、货源充裕。“这些瓜类都是耐贮存蔬菜,也是外地最近大量调入的品种。这些蔬菜的上架期长,厦门市民也都喜欢。”在夏商(中埔)农产品批发市场,蔬菜大户陈女士告诉记者。    此外,由于为期三个半月的海洋伏季休渔正式结束,厦门海域全面开渔,我市部分本港水产品供应极大丰富,价格下跌20%至30%。

E | (厦门日报记者 沈彦彦)。

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