Consumers Open Wallets Again as Retail Sales Top Market Estimates
‘Don’t underestimate the consumer,’ says Money Management International’s Ted Rossman.

Andrew Moran
9/16/2026|Updated: 9/16/2026
Consumers opened their wallets again in August after an unexpected decline in the previous month, new government data show.
U.S. retail sales surged 1.2 percent last month, from a 0.5 percent drop in July, according to a report released by the U.S. Census Bureau on Wednesday. This represented the highest increase since March.
A rebound was widely expected—economists had projected a 0.8 percent gain—as July’s decline was fueled mainly by seasonal factors, including Amazon moving Prime Day a month earlier and FIFA World Cup festivities concluding.
On a 12-month basis, retail sales edged up 6 percent.
Sales at gasoline stations led the way, with receipts surging more than 3 percent. But even excluding commerce for automobiles and gasoline stations, transactions were broad-based and rose more than 1 percent.
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READ MORE: https://www.theepochtimes.com/business/consumers-open-wallets-again-as-retail-sales-top-market-estimates-6088123?ea_src=frontpage&ea_med=section-1
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