US apparel CPI rose 0.8 per cent in August but stayed flat year-on-year, while spending on garments surged 9 per cent—the strongest since the post-pandemic boom.
Consumer confidence fell to 94.2, and the Oct 1 government shutdown has delayed jobs, trade, and agricultural data.
ADP reported a 32,000-job loss in September, signalling labour weakness, though unemployment remains low at 4.3 per cent.
Consumer confidence fell to 94.2, and the Oct 1 government shutdown has delayed jobs, trade, and agricultural data.
ADP reported a 32,000-job loss in September, signalling labour weakness, though unemployment remains low at 4.3 per cent.