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US Economy: Retail Sales Rise More Than Forecast, Jobless Claims Drop

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October 17, 2024

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US retail sales strengthened in September by more than forecast in a broad advance, while applications for US unemployment benefits unexpectedly fell by 19,000 to 241,000 in the week ended Oct. 12 after jumping the previous week in Southeastern states affected by Hurricane Helene. Dana Peterson, chief economist at The Conference Board, examines the data.

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US EconomyHurricane Helene Dana PetersonThe Conference BoardMarkets LikeBloomberg MarketsFinance VisitX Facebook Instagram ConnectBloomberg Business

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US Economy: Retail Sales Rise More Than Forecast, Jobless Claims Drop · Bloomberg Television · Sentinel