Retail Sales Continue to Climb in September Despite Challenges
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Retail sales in September hit $704 billion, a 3.8% increase from a year ago and 0.7% over August, marking 6 straight months of increases.
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Increase shows consumer resilience despite inflation, rising interest rates, and global conflicts.
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Categories like health, online sales, groceries, and clothing saw gains over last year.
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Sporting goods, electronics, furniture saw declines compared to last year.
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Total sales for July-September up 3.1% from a year ago, with food services up 9.2%.