Retail Sales

Five Things to Watch in the March Retail Sales Report

The Census Bureau will release the advance monthly retail sales report for March on Thursday. Retail sales are projected to rise 0.6 percent, according to a survey of Bloomberg analysts, indicating that inflation and higher prices will primarily fuel rising sales.   Here are five things to watch out for in […]

Five Things to Watch in the March Retail Sales Report

The March advance retail sales report will offer a gauge of consumer confidence in the economic reopening as the U.S. gets a hold on the coronavirus pandemic with rampant vaccine distributions.  Here are five things to watch in the monthly report out Thursday at 8:30 a.m. Eastern time: STIMULUS CHECKS  […]

Five Things to Watch For in February’s Retail Sales Report

The U.S. Census Bureau releases its February advance retail sales report on Monday. Major economists predict on average a gain of about 0.2% from January’s numbers. January’s report showed that the U.S. economy was still growing slowly compared to a year earlier. But if February’s data fails to meet expectations, […]

Retail sales take an unexpected dip in December

December’s retail sales dropped off steeply in November and marked the sharpest monthly plunge in nine years, with almost every category showing a decrease in sales from the previous month. Data showed that overall retail sales fell 1.2 percent from November’s numbers – a figure well off analysts’ forecasts. Experts […]

Flower wholesaler Ashok Komar stands outside his shop

New development chokes historic flower markets

Since he opened his flower business 18 years ago, Ashok “AK” Komar has watched storefront after storefront empty from this block of Manhattan. Pointing through the tall tropical plants for sale to businesses up and down the street, Komar, 41, lists out each flower wholesaler gone dormant. It’s easy to […]

Five Things to Watch in March Retail Sales

This morning the Commerce Department will publish its count of all the retail products and services sold in March. Here are five things to look for when the numbers are released at 8:30 EDT. 1. Auto sales will accelerate… but not too fast Motor vehicle sales are 20 percent of […]