On October 17th, the U.S. Census Bureau released September retail sales data. The data shows that U.S. retail sales in September increased by 0.7% month-on-month, which is less than the revised value of 0.8% but far exceeds market expectations of 0.3%, achieving six consecutive months of growth.
1. Miscellaneous retail leads, while electronics demand remains sluggish
Among the 13 key categories released, sales of 9 categories increased ...