The March retail sales report will show the strength of consumers and their willingness to spend, a key indicator of whether Americans’ shopping habits will continue to fuel the economy.
Tag: retail sales
Resilient Consumers Push Retail Sales Up 0.6% in February
Americans significantly increased their spending on cars, electronics, and dining out last month, showing resilience even as a clearer picture emerged of how much they […]
The Environmental Cost of Subscription Boxes
More Americans are turning to subscriptions to serve a variety of needs, from clothing to meals to cat litter. Subscription e-commerce sales totaled nearly $33.5 billion in 2022, a 15% increase over the previous year, according to Insider Intelligence, which predicted it would keep growing at a similar rate for the next two years. But subscription services, with the exception of meal kits, can have an environmental dark side: overconsumption and excessive returns.
Retail Sales Slip 0.8% Amid January Chill
Americans gripped their wallets tighter in January and stayed inside due to frigid weather, but the slump in shopping was largely due to one-off factors. […]
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 […]
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 […]
Consumers Remain Unfazed by Higher Gas Prices
With retail sales the highest they’ve been in five months, rising gasoline prices don’t seem to be fazing consumers, yet. Retail sales rose 1.1% in […]
Retail Sales Up, Car Sales Down
Retail sales rose 0.4% in January, well below expectations in a sign that the economy isn’t recovering quite as quickly as economists would like to […]