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 […]
Retail Sales
Retail Sales Steeped in February, But Expected to Rebound
“It suggests that consumers are in a generally good shape, we’ve had the fiscal stimulus checks now for those at the lower end of the income spectrum,” Scott Brown, chief economist at Raymond, James and Associates Inc.
January Stimulus Checks Boosted Consumer Spending
“If households have more resources to spend, it clearly seems like they will spend them”- Michael Gapen
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 […]