September retail sales reports have proven disappointing to economists who have noted a slowed sales growth pace. The slower sales pace in September is suggestive, indicating the more cautious action of consumers. According to the Commerce Department, retail sales demonstrated a 0.1 percent rise during the month. With September data fresh in hand and a look at the month of August 2015, where retail sales demonstrated a zero percent growth, economists are now concerned consumers are refraining from spending. The decline in US sales was the catalyst to the Canadian dollar’s valuation increasing where it recently closed at 77.28 cents USD: an increase of nearly a half of a cent. The newest information, combined with the producer price index data which is suggesting possible deflation, is likely to have the Federal Reserve making some important decisions about interest rates toward the end of the month. Nevertheless, rates will increase at year’s end according to Janet Yellen, Fed chair. While some economists are showing great concern, others are asserting that the lull in spending is only a temporary condition. For instance, Paul Ferley, an RBC assistant chief economist, suggests the Federal Reserve will make changes by year’s end, but the slowing economy is a condition that will pass. Ferley further suggests evidence of recovery when October’s numbers come out, and one should further anticipate data revealing higher than normal amounts of spending. Another area affected was producer prices which saw a decline of more than .5 percent. The latter decline is a direct result of two conditions: A strong US economy combined with a decline in fuel costs resulting in what’s called deflationary pressure on the prices in the United States, which may be influencing the slow in consumer spending. Consumer spending at gas stations dropped as much as 3.2 percent. A noted decline occurred in the building and housing sectors as well. Meanwhile, there were minimal increases in consumer spending at clothing stores, restaurants, and for cars. Americans spent a 0.9 per increase at clothing stores, a 0.7 percent increase is noted in restaurant spending, and consumers increased spending on cars by as much as 1.8 percent.