Car Dealers And Clothing Stores Grew The Most In The US In September.

Us September retail Sales were better than expected, but consumer confidence unexpectedly slipped to the lowest level in more than 30 years, reflecting the public's worries about the boom.

U.S.A Ministry of Commerce Data released on the 14 day showed that retail sales grew by 1.1% in September. Increase It was the largest in February, far higher than 0.3% in August and 0.7% in Bloomberg's economists. stay

Among the 13 main items of the retail sales survey, ten sales increased, the largest growth was in automobile dealers and clothing stores, and the retail sales of auto dealers grew by 3.6%, the largest increase in March last year.

Excluding cars, petrol and building materials, retail sales still rose 0.6%, the biggest increase in March.

JanneyMontgomeryScott, chief fixed income strategist Lee booth, said this is a strong performance, indicating that retailers are ready for year-end holidays. Shopping tide Make a profit.

However, in October, the consumer confidence index of Thomson Reuters / Michigan University unexpectedly dropped to 57.5, down from 59.4 in September, or less than 60.2 predicted by Bloomberg's analysts. This year the index has dropped more than 20 points, and consumer confidence has deteriorated to its lowest level in May 1980.

The unemployment rate has been at a high level of 9.1% in March for the first time in September. Although retailers such as Macy Messi and Karl Kohl (Kohl s) are planning to increase their staffing by the end of the year, the scale may be too small to help improve the unemployment situation, and consumers are also worried about the possible decrease in income.