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September Retail Sales In Focus: Will Strong Consumer Spending Power A 'No Landing' Rally For Stocks?

Benzinga ·  03:37

A pivotal economic release is set to land thisThursday at 8:30 a.m. ET: the retail sales reportfor September.

This data will provide a fresh snapshot of household spending during the final month of the third quarter, offering vital clues as to whether American consumers continued to prop up the broader economic growth.

Retail Sales Poised To Accelerate In September

Retail sales are projected to rise by 0.3% month-over-month (m/m) in September, as per TradingEconomics consensus, marking a modest improvement from the 0.1% uptick seen in August.

Some Wall Street analysts are forecasting even stronger results. Bank of...

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