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Retail sales up 0.7% in September as American consumers defy rising prices, interest_我的网站

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A |     NEW YORK -- Americans showed their steadfast resilience and kept spending online, at restaurants and other outlets in September even as they grappled with higher prices, rising interest rates and a host of other headwinds piling up.Retail sales rose 0.7% in September, more than twice what economists had expected, and close to a revised 0.8% bump in August, the Commerce Department reported Tuesday. Retail sales in August were inflated after gasoline prices spiked, however. That was not the case in September when gas prices rose more slowly.A closely watched category of retail sales that excludes auto dealers, gas stations and building materials and feeds into the gross domestic product jumped 0.6% last month compared to the prior month.Tuesday's sales figures aren't adjusted for inflation, but the cost of goods barely rose last month, so the increased spending isn't a reflection of higher prices. Prices for durable goods, such as those sold by appliance and electronics stores, actually fell last month.The government’s monthly retail sales report offers only a partial look at consumer spending; it doesn’t include many services, including health care, travel and hotel lodging. But it does cover spending at restaurants, which had a solid 0.9% increase. Spending online rose 1.1% last month, according to the report. Sales at general merchandise stores rose 0.4%. Sales at home furnishings and furniture stores were flat, while electronics stores and outlets that sell building materials saw declines reflecting a difficult housing market. The retail sales report, which reflects the sixth consecutive monthly gain, reinforces the fact that American consumers, as a whole, are showing no signs of pulling back on their spending, which powers most of the economy. That spending comes despite attempts by the Federal Reserve to cool spending and hiring. That's good news heading into the critical holiday shopping season. But the robust sales report also means that the Fed officials could leave the door open for additional rate hikes. That means that shoppers could face higher interest rates for awhile.“If the cost-of-living crisis has hit consumer confidence, you wouldn’t know it judging by a second month of strong retail sales with the consumer buying everything that wasn’t nailed down,” said Christopher S. Rupkey, chief economist at FWDBONDS LLC, a financial markets research company. “Fed officials have another rate hike this year up on their forecast board, and they will need to use it, if the economic data continues to surprise economists on the upside.” Still, questions remain whether shoppers will finally buckle under more bad news piling up from federal budget wrangling, the resumption of student loan repayments, and new global tensions tied to the Oct. 7 surprise attack by Hamas in Israel. The moratorium on student loan payments lifted Oct. 1. Analysts say that shoppers could also become rattled if the Israel-Hamas war is not contained.Moreover, the relentless spending by shoppers also comes at a cost to their household finances.“We have repeatedly under-estimated the U.S. consumer, “ said Tim Quinlan, a senior economist at Wells Fargo Economics. ”But in pulling off this spending spree, consumers have dented their household finances, a theme that is evident not only in the diminished savings, but also the trend rise in credit card delinquencies.”Healthy consumer spending is expected to lift the economy's growth rate to about 3.5% or possibly even higher in the July-September quarter. September's strong sales also suggests the economy may not slow as much in the final three months of the year as previously expected, analysts said. The retail sales report came as businesses across the U.S. economy ramped up hiring in September, defying surging interest rates, and the ongoing threat of a government shutdown. The strength of hiring has surprised economists inside and outside of the Fed. Consumer prices rose 0.4% from August to September, below the previous month’s 0.6% pace. The report from the Labor Department also showed that year-over-year inflation was flat last month from a 3.7% rise in August.Meanwhile, retailers are pulling out discounts and other incentives to get shoppers to open their wallets for the holiday season as they worry about shoppers' finances. Best Buy, the nation's largest consumer electronics retailer, unveiled a new experience that gives shoppers a chance to access some of the biggest deals and cool gadgets of the holiday season. The items, which kicked off late last month, are only available in limited quantities and exclusively through the Best Buy app. ——————AP Economics Writer Christopher Rugaber contributed to this report from Washington.——————Follow Anne D’Innocenzio: http://twitter.com/ADInnocenzio。    Sophie 编译 上周末对追逐极光的人来说是一个特殊的周末。来自太阳的十年一遇的地磁风暴导致了新西兰出现了多年未见的罕见极光。         这场比预期更大的风暴遵循了一种趋势,预计将在未来12个月内达到峰值,专家预测,届时北至豪拉基湾都有可能看到它。         Advertise with us          “这是多年来最绚烂的极光。

B | 如此之大,都形成了日冕。这在新西兰是非常非常罕见的。”摄影师Larryn Rae说。         这位来自瓦纳卡的摄影师说:“这是我第一次看到或捕捉到这种情况,也是迄今为止第一次也是唯一一次看到当前的太阳活动周期。”          Rae并不是唯一一个注意到NOAA异常强烈的预测的新西兰人。12月1日晚,太阳发生了强烈的地磁风暴,在上周末出现了壮观的极光。         但尼丁的天文学家Ian Griffin说:“这是我10多年来第一次看到日冕。”          这位奥塔哥博物馆馆长表示,他在奥塔哥半岛观察了这场风暴。         “这场风暴是由太阳表面同时发生多次爆炸(称为日冕物质抛射,CMEs)引起的,并放大了风暴的影响。”          周初出现的太阳CME的强度远远超过了最初的预测。         Rae说,当存在引发极光的抛射时,他总是会密切关注太空天气预报,但“即使这样,他们也无法准确预测极光的实际大小,直到能量击中太空中的监测ACE卫星”。                   太阳活动周期的高峰带来太阳耀斑和极光          预计这场比预期更大的风暴将在未来12个月内达到峰值。届时,北至豪拉基湾都有可能看到极光。

C |          虽然秋分和春分是观测极光的好时机,但更长的时间周期也会影响极光的呈现。我们目前正处于长达十年的太阳活动周期的末尾,这可能会带来壮观的极光效果。         Griffin说:“目前太阳周期正在起作用。”          “太阳黑子的数量以相当规律的11年模式增加和减少。我们目前正在走向下一个‘太阳活动极大期’,这可能会在明年或后年发生。

D | ”          他说,预计峰值将在明年达到,这对天文学家和摄影师来说将是一个激动人心的时刻。         “看到更多极光,而且更强烈的极光并不奇怪。”          事实证明,“太阳活动极大期”比最初预测的更为强烈。

E |          “在接下来一年左右的时间里,我们可能会在一些意想不到的地方看到极光,比如奥克兰!”          相关阅读:          多图:绝美极光!你的朋友圈被刷屏了吗?          绝美极光昨晚降临,新西兰从南到北夜空斑斓          太罕见了!壮丽的极光照亮奥克兰夜空          在新西兰的朋友们,极光又来了!          在新西兰如何才能看到极光?这份攻略请收好!          令人叹为观止的南极光,再一次照亮了新西兰的天空!          注:本文为编译/原创,欢迎转发分享;但严禁复制等未经授权的非法使用。违反上述声明者,本网将追究其相关法律责任。使用授权请联系[email protected]。         chineseherald.co.nz All Rights Reserved 版权所有          (责编:Sophie)          相关内容                因涉嫌参与20起入室盗窃案,奥克兰一名16岁的青少年被逮捕           警方发布零容忍警告,节日期间将严查酒驾和超速           奥克兰警方缴获数万纽币假钞,捣毁制假窝点,一名男子被捕           奥克兰北岸发现神秘粉末,一人被送往医院           奥克兰交通局今夏将修复550公里道路,资金削减交通安全如何保障?           午夜时分,奥克兰Albany发生不明原因死亡事件           日子不好过,四分之三的新西兰人选择购买二手礼物           Wayne Brown猛烈抨击新政府,称其用“荒谬”的规定打压奥克兰。

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