US Retail and Restaurant Sales Rise 7% Year Over Year, Ankura Reports

By Public Technologies
  • Ankura's October 2026 tracker found U.S. retail and restaurant sales rose 7% year-over-year, while manufacturing continued expanding.
  • Inflation climbed to 3.7%, outpacing wage growth of 3% and increasing pressure on household budgets.
  • Hiring slowed to 29,000 jobs in September, while savings fell to a two-year low.
  • Mortgage rates climbed above 7%, leaving consumers with less room to absorb financial shocks.
  • Businesses should monitor tariff exposure by stock keeping unit, control rising input and freight costs, and plan for tighter household budgets.


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