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U.S. retail and food services sales climb 0.8% in September, led by gas station receipts

U.S. retail and food services sales rose 0.8% in September, reaching $745.0 billion, driven mainly by gasoline station purchases.

According to the Census Bureau, U.S. retail and food services sales grew 0.8% from August to September, amounting to $745.0 billion after seasonal adjustments. The surge was primarily fueled by higher receipts at gasoline stations, as noted; when fuel and vehicle sales are stripped out, the net increase narrows to 0.2%. The bureau attached a plus-or-minus 0.4% margin of error to the monthly change.

Compared with September of the previous year, sales were 6.3% higher, with a 0.5% error range, and the July-September quarter was up 5.5% year-over-year. A revised July-August figure now shows a 1.3% rise, revising the earlier 1.1% estimate. Earlier August data had already beaten forecasts, helped by a 3.1% jump in service-station sales amid higher gasoline prices, despite weak consumer confidence.

Why it matters

The data shows consumer spending trends and the impact of fuel prices on the U.S. economy.

In this story

retail salesfood servicesgasoline stationsCensus Bureauseasonally adjustedconsumer spendinginflation expectations
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