Eco Week Ahead
US Retail Sales Are Proving Resilient While Risks Mount
A shopper pushes a cart outside a Walmart store in Pittsburg, California.
Photographer: David Paul Morris/BloombergUS retail sales growth likely moderated a touch in September, capping an otherwise solid quarter of spending by consumers who are nonetheless frustrated by high prices and anxious about job security.
Economists expect a 0.4% increase in sales after the 0.6% gain a month earlier, based on the Bloomberg survey median estimate. Delayed for more than a month by the government shutdown, the Census Bureau is scheduled to issue the figures on Tuesday.