Capturing data…
Capturing data…
TUE, 22 SEPT · 78 ITEMS
Bloomberg, Yahoo Finance, Reuters + 4 more · Geopolitics & Markets
7 outletsThe US Commerce Department's Census Bureau reported that advance retail and food services sales rose 1.2% in August 2026 compared to July, reaching $773.9 billion. This beat market forecasts (which had expected a smaller rebound) and reversed a revised 0.5% decline in July, signaling that consumer spending remains resilient despite high interest rates and inflation concerns.
The claim is solid: it is directly sourced from the US Census Bureau's official advance retail sales report, and widely reported by reputable outlets such as Reuters, AP, and Bloomberg. The provenance tier (reputable secondary reporting a named primary source) confirms high reliability.
Genuinely new: the data was released on September 16, 2026, covering August 2026.