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Surprise uptick in spending by Americans as delta spread

KIFI

By JOSEPH PISANI
AP Retail Writer

NEW YORK (AP) — Americans kept shopping last month, despite a rise in COVID-19 cases. Retail sales rose a seasonal adjusted 0.7% in August from the month before, the U.S. Commerce Department said Thursday. It was much better that the 0.85% decline Wall Street analysts had expected.  But Thursday’s report does show a shift in how the delta variant has changed where Americans spend their time and money. Online sales soared 5.3% last month, while sales at restaurants and bars were flat from the month before. 

Article Topic Follows: AP National Business

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