Press
October 18, 2023

Retail Sales Up 0.7% – Affinity’s Data Shows Consumers are Still Spending and it’s Likely to Continue

Affinity CEO Jonathan Silver shares with Forbes “Consumers are still out there spending and there are a few leading indicators showing that it is likely to continue.”

Affinity Solutions data shows that Total retail sales for all categories, minus autos and gasoline, were up 4.5%. CEO Jonathan Silver shares with Forbes “Consumers are still out there spending and there are a few leading indicators showing that it is likely to continue. The resilience of retail sales this September underpins the adaptability and robustness of U.S. consumers. While certain sectors have experienced a downturn, like electronics and furniture, the overall landscape remains promising,”

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