“If households have more resources to spend, it clearly seems like they will spend them”- Michael Gapen
Retail Sales
Dollar Retailers Provide Savings and Choices, But Not Always the Best Ones
When Roy Kus of Olympia, Wash., plans his grocery shopping, the local Dollar Store is the first place he stops before heading to larger supermarkets. […]
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 […]
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 […]
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 […]
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 […]
Auto Sales Keep Retail Economy in Reverse
Soft auto sales dragged down overall retail sales in February and consumers did not spend enough to pick up the slack. Retail sales decreased by […]
Higher gas prices, lower auto sales put brakes on consumer spending
Retail sales shrunk in January, ending several months of consumer spending growth fueled by drawing down savings and going into debt. The Commerce department reported […]
Retail Crisis Brings Up Memories of the Past
Stores going out of business is not unusual. What is unusual is the sheer amount of store closings by major retail chains in the past […]
Five Things to Watch For in the March Personal Income and Outlays Report
The first 100 days: The time-honored test of whether or not a new president has the ability to advance his agenda in Washington ends on […]