- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Analysis: Highly Anticipated U.S. September Retail Sales MoM Below Expectations
BlockBeats News, November 25th: In the United States, September retail sales growth was below expectations, taking a breather after recent strong gains. Data released on Tuesday showed a month-over-month retail sales growth of 0.2%, with August's unrevised increase at 0.6%. Economists surveyed had previously predicted a 0.4% growth in retail sales for the month.
Sales accelerated in the previous months, partly due to consumers rushing to buy electric vehicles before the September end of the tax credit. The slowdown in sales may not alter economists' expectations for a rebound in third-quarter consumer spending. Excluding automobiles, gasoline, building materials, and food services, retail sales in September fell by 0.1%, while August's retail sales were revised down to a 0.6% increase.
These so-called core retail sales closely align with the consumer spending component of GDP. However, current consumption is mainly driven by high-income households, with many low-to-middle-income consumers experiencing cost pressures, partly due to import tariffs, leading to what economists refer to as a K-shaped economy. (Jin10)
You may also like
Top US Journalist Minting on Base, Attention Completes Monetization Loop
State of Crypto: Year in Review
Key Takeaways: 2025 marked a significant year for crypto policy in the U.S., with historic legislation and regulatory…
Fed’s ‘Skinny’ Accounts Aim to End Operation Chokepoint 2.0 — Insights from Senator Lummis
Key Takeaways: The Federal Reserve’s proposal to offer “skinny” master accounts to crypto companies is seen as a…
Palmer Luckey’s Erebor Reaches $4.3B Valuation as Bank Charter Progresses
Key Takeaways: Erebor, a digital bank co-founded by Palmer Luckey, has raised $350 million, bringing its valuation to…
Venture Capital Post-Mortem 2025: Hashrate is King, Narrative is Dead
Breaking Frontiers: Web3 Lawyer Decodes Latest Developments in Stock Tokenization
U.S. Bank Industry Embraces Blockchain Transition
Key Takeaways The U.S. banking sector is transitioning towards blockchain technology as regulatory discussions turn into implementation. The…
SEC Publishes Crypto Custody Guide: A Strategic Educational Shift
Key Takeaways The SEC has released a comprehensive guide focused on educating investors about cryptocurrency custody, detailing the…
UK to Encompass Cryptocurrencies under Finance Laws by 2027
Key Takeaways The UK is planning to integrate cryptocurrencies into its existing finance laws by 2027. Oversight will…
EU Crypto Regulations and IMF’s Stablecoin Warning: Navigating Global Financial Shifts
Key Takeaways: The EU is tightening its regulatory grip on cryptocurrency platforms, with implications for DeFi and NFT…
BOLTS Initiates Quantum-Resilience Pilot on Canton Network for Securing $6T Real-World Assets
Key Takeaways BOLTS Technologies has launched a pilot program to integrate quantum resilience into the Canton Network, aiming…
BOLTS Initiates Quantum-Resilience Pilot on Canton Network to Future-Proof $6 Trillion in Real-World Assets
Key Takeaways BOLTS Technologies launches a pilot program to implement quantum resilience on the Canton Network. The initiative…
BOLTS Launches Quantum-Resilience Pilot on Canton Network to Future-Proof $6T Real-World Assets
Key Takeaways BOLTS Technologies introduces a quantum-resilience pilot using its QFlex software on the Canton Network, emphasizing institutional…
Most Influential in Crypto: Donald Trump’s Pivotal Role in the U.S. Adoption of Digital Assets
Key Takeaways Donald Trump’s shift from being a crypto skeptic to a key proponent has significantly accelerated U.S.…
Donald Trump’s Crypto Influence: A Deep Dive into U.S. Policy Shift
Key Takeaways Donald Trump’s shift in attitude toward cryptocurrency catalyzes major political and regulatory changes in the U.S.…
USDT Gains Recognition as Fiat-Referenced Token in Abu Dhabi: Implications for Stablecoins
Key Takeaways: Tether’s USDT has been officially recognized as a fiat-referenced token by the Abu Dhabi Global Market…
Do Kwon’s Legal Battles: A Deep Dive into Extradition, Sentencing, and International Implications
Key Takeaways International Legal Challenges: Do Kwon faces legal proceedings in the United States, South Korea, and Montenegro.…
Sony’s Ambitious 2026 Stablecoin Launch for PlayStation Payments and Beyond
Key Takeaways: Sony Bank is preparing to launch a US dollar-pegged stablecoin in 2026 to facilitate payments across…
Top US Journalist Minting on Base, Attention Completes Monetization Loop
State of Crypto: Year in Review
Key Takeaways: 2025 marked a significant year for crypto policy in the U.S., with historic legislation and regulatory…
Fed’s ‘Skinny’ Accounts Aim to End Operation Chokepoint 2.0 — Insights from Senator Lummis
Key Takeaways: The Federal Reserve’s proposal to offer “skinny” master accounts to crypto companies is seen as a…
Palmer Luckey’s Erebor Reaches $4.3B Valuation as Bank Charter Progresses
Key Takeaways: Erebor, a digital bank co-founded by Palmer Luckey, has raised $350 million, bringing its valuation to…
Venture Capital Post-Mortem 2025: Hashrate is King, Narrative is Dead
Breaking Frontiers: Web3 Lawyer Decodes Latest Developments in Stock Tokenization
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App