WASHINGTON — Retail sales in March were up 1% seasonally adjusted from February and up 0.8% unadjusted year-over-year, according to the National Retail Federation, which said today that the numbers represent good news about the strength of the economy. “March’s numbers are very encouraging and set the stage for improved expectations for the economy in
WASHINGTON — According to calculations released by the National Retail Federation, retail sales in October increased 0.4% over September on a seasonally adjusted basis and were up 5.6% year over year unadjusted. The numbers exclude automobiles, gasoline stations and restaurants. “Today’s pickup in retail sales shows a healthy pace of spending and a sign of
WASHINGTON— The National Retail Federation said on Wednesday that holiday retail sales this November and December will increase between 4.3% and 4.8% over last year’s figures. The average annual increase over the past five years has been 3.9%. “Our forecast reflects the overall strength of the industry,” NRF President and CEO Matthew Shay said in
WASHINGTON – Retail sales in September were up 0.5% over August on a seasonally adjusted basis, according to the National Retail Federation, and were up 3.2% year-over-year on an unadjusted basis. The numbers exclude sales of automobiles, or those at gasoline stations and restaurants. “Retail appears to have navigated through some rough weather – literally,”
WASHINGTON — Retail sales in May declined 0.3% as Americans spent less on motor vehicles and discretionary items, according to the Commerce Department. Lower gasoline prices contributed to last month’s decline. Stores selling consumer electronics and appliances posted their largest month-on-month declines in seven years. Excluding automobiles, gasoline, building materials and food services, retail sales
WASHINGTON – Retail sales rose a seasonally adjusted 0.3% in March from the previous month and were up 3.5% unadjusted from a year earlier, the National Retail Federation (NRF) reported on Friday. The federation’s numbers exclude automobiles, gasoline stations and restaurants. “Consumer spending was weak but is expected to pick up as we move through
WASHINGTON — Retail sales in November and December rose 4% from a year earlier to $658.3 billion as consumers spent more freely than expected during the holiday period, according to the National Retail Federation. Non-store sales increased 12.6% to $122.9 billion. NRF’s figures exclude spending on automobiles, gasoline and restaurant meals. “These numbers show that
WASHINGTON — Retail sales in the United States rose 1.3% in April, the Commerce Department announced. It was the largest monthly gain since March 2015 and better than the 0.8% increase economists were forecasting. Core retail sales, which exclude automobiles, gasoline, building materials and food services, shot up 0.9% last month after an upwardly revised
WASHINGTON – Retail sales increased 0.1% in October after being unchanged in September and August, the Commerce Department said. So-called core retail sales rose 0.2% last month after increasing 0.1% in September, the government noted. Core sales exclude automobiles, gasoline, building materials and food, and therefore correspond more closely to the consumer spending component of