The milestone was achieved despite April's GDP growing way
below economists expectations.
This follows a retail sales report from last week, which showed that core sales — which exclude volatile automobile and gasoline sales — rose by just 0.1 % in September, again
below economists expectations.
Not exact matches
Dudley made his remarks after the U.S. economy added 126,000 jobs last month, well -
below economists»
expectations of about 250,000.
Sales increased 1.0 % in December, to an annual rate of 4.87 million,
below economists»
expectations, and the November sales pace was revised down to 4.82 million.
The figure reported Wednesday by statistics agency Eurostat was the same as in July and
below economists»
expectations for an uptick to 0.3 percent.
Although total sales are running
below our
expectations, we anticipate retail vehicle sales will remain strong,» said Mustafa Mohatarem, GM chief
economist.
Overall, retail and food service sales grew a modest 0.4 percent in June, according to advance monthly estimates from the Commerce Department — far
below economists»
expectations.