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Consumers Kept Spending in September, Driving Retail Sales Up 0.7%

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

The U.S. consumer spending machine turned into a September surprise. U.S. retail sales unexpectedly rose 0.7 percent in September to $625.4 billion, excluding automobile sales, as consumers kept opening their purse strings. That’s despite expectations for a slowdown following a decline in September’s Consumer Confidence Index. The Index has been on the decline for three…

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