The advance estimates, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $684.0 billion, virtually unchanged (±0.5 per cent) from the previous month, but 8.2 per cent (±0.7 per cent) above September 2021.
The July 2022 to August 2022 per cent change was revised up from 0.3 per cent (±0.5 per cent) to 0.4 per cent (±0.2 per cent), the US Census Bureau said.
Gasoline stations were up 20.6 per cent (±1.6 per cent) from September 2021, while non-store retailers were up 11.6 per cent (±1.1 per cent) from last year.
ALCHEMPro News Desk (NB)
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