Furniture stores trail broad retail sector with 1.7% September sales increase

USA retail sales soared in September led by a surge in those for motor vehicles and parts.

U.S. consumer spending increased by 0.7% year over year in September and rose by 1.6% year over year, the largest increase in two and a half years, according to Friday morning's report from the U.S. Census Bureau on estimated retail sales. Gasoline Stations were up 11.4% (±1.4%) from September2016, while Building Materials and Garden Equipment and Supplies Dealers were up 10.7% (±2.1%) from a year ago. Non-store (internet) continued to eat the lunch of certain of those losing categories (especially electronics), with sales up 0.5 percent for the month and 9.2 percent for the year. Ex-auto sales had been expected to rise by 0.3 percent. Without auto sales, the month-over-month increase in overall sales was 1 percent.

Total sales for the July 2017 through September 2017 period were up 3.9% (±0.5%) from the same period a year ago.

Yankees hurler Tanaka to start ACLS Game 1 in Houston
While the Yanks were embarking on their improbable comeback against the Indians, the Astros were at home eating popcorn. NY came back from a 2-0 series deficit in the ALDS, beating the Cleveland Indians on the road in a deciding Game 5.

Aston Martin DB11 Volante Drops the Top in Time for Spring
It has chosen to launch with the lighter V8 engine rather than a V12 to ensure handling is as keen as possible. Prices for the Volante start at £159,900 in the United Kingdom , €199,000 in Europe and $216,495 in the US.

Necrozma Gains New Forms, Z-Moves in Pokemon Ultra Sun, Moon
Pokémon Ultra Sun and Pokémon Ultra Moon will release exclusively for Nintendo 3DS worldwide on November 17th. The latest Pokémon Ultra Sun and Moon trailer has revealed localized names for a couple of hot new moves.

The Commerce Department said retail sales surged up by 1.6 percent in September after edging down by a revised 0.1 percent in August. Food services and bars saw a sales increase of 0.8% month over month and 2.7% year over year.

From July through September, furniture and home furnishings store sales were up 3.8% from the same three months past year and increased 0.2% from April-through-June period, the report said. Sporting goods, hobby, book and music stores had a month-over-month sales decline of 0.2% and a year-over-year drop of 5.5%.

Related Articles

  • MINI to build cars in China with Great Wall

    It appears that MINI production is about to venture into China for the first time, if a report by Bloomberg is to be believed. BMW said that this approach did not put into question its commitment to Mini factories in the U.K.
    Bank of America earnings boosted by higher interest rates

    Bank of America earnings boosted by higher interest rates

    Finally, Jefferies Group LLC reaffirmed a "buy" rating on shares of Bank of America Corporation in a report on Friday, July 7th. After this purchase, 85,650 common shares of BAC are directly owned by the insider, with total stake valued at $2,179,793.
    Sen. Schatz on Trump's Threat to NBC

    Sen. Schatz on Trump's Threat to NBC

    The federal government is not allowed to interfere with what the media reports. President: Words spoken by the President of the United States matter".
  • Samsung Galaxy S8 Active to Launch on T-Mobile Soon

    Samsung Galaxy S8 Active to Launch on T-Mobile Soon

    The J2 comes with a 5MP back camera with an LED flash and there is a 2MP front camera and there is no flash on the front. Samsung Galaxy J2 2017 Edition features a 4.7-inch qHD Super AMOLED display having a resolution of 540 x 960 pixels.
    No question of corruption in Jay's business dealings: Amit Shah

    No question of corruption in Jay's business dealings: Amit Shah

    After other leaders in the BJP defended Jay Amit Shah, it was now the turn of his father Amit Shah to come to his defense. The Congress has demanded an inquiry into the matter, while the BJP called the article defamatory.

    Sen. Collins of ME to announce governor's race decision

    Prior to her announcement, she said she wanted to "heal ME ", a comment read by some as a swipe at LePage's polarizing style. She spoke of how she's proud of her time in the Senate, and how she felt as though she was able to represent ME well.
  • Maria Sharapova trounces Stefanie Voegele to reach Tianjin Open semi-finals

    Maria Sharapova trounces Stefanie Voegele to reach Tianjin Open semi-finals

    Sharapova was broken in the first game of the match but hit back straight away, using her forehand to break down her opponent. Peng stayed in the hunt to retain her title on home soil with a brutal 6-0 6-1 demolition of Sara Sorribes Tormo.
    Congress to take 'Save Metro Rath' through city today

    Congress to take 'Save Metro Rath' through city today

    The survey found that around 97 per cent women said that they want a rollback in the fare. He said that when both were against the hike in Metro fare then who took the decision.
    Choosing Between Cisco Systems, Inc. (CSCO) and Juniper Networks, Inc. (JNPR)

    Choosing Between Cisco Systems, Inc. (CSCO) and Juniper Networks, Inc. (JNPR)

    Also, CEO Rami Rahim sold 16,000 shares of Juniper Networks stock in a transaction that occurred on Wednesday, August 30th. On average, equities research analysts predict that Juniper Networks will post $2.23 EPS for the current fiscal year.
  • Manchester City v Stoke City

    Manchester City v Stoke City

    Aguero told Argentina's TyC Sports: "When I got to the hospital I asked the doctor if I could play for City on the Saturday". I had nearly two days off and going to the airport was when I had that accident.
    United States  and Korea navies to conduct joint maritime counter special operations exercise

    United States and Korea navies to conduct joint maritime counter special operations exercise

    Pyongyang stated that any act of aggression by the US and South Korea would only "advance their own demise". Yonhap quoted a South Korean official who said the Tucson "had left" and that the U.S.
    OPPO F3 Lite with 16 MP front camera launched in Vietnam

    OPPO F3 Lite with 16 MP front camera launched in Vietnam

    Along with the Philippines and India, the OPPO F5 will soon launch in Indonesia, Malaysia, Myanmar, Thailand, and Vietnam. Features like 3.5 mm headphone jack, analogue FM radio, and a fingerprint scanner located on the home button.