by Angela Johnson | Apr 12, 2013 | Economy
Instead of shopping for t-shirts, shorts and skirts, shoppers were shoveling snow, and bundling up in the month of March. Unseasonably cool weather, weak employment numbers, and a payroll tax increase kept customers out of the stores. “The March selling season faced...
by Angela Johnson | Mar 14, 2013 | Economy
Consumer spending rose in February despite concerns about delayed tax returns, the payroll tax hike, and higher gas prices. Consumers shrugged off economic woes pushing retail sales to their highest level in five months. As a result, retail sales rose 1.1...
by Angela Johnson | Feb 15, 2013 | Economy
Retail sales growth in January proved to be anemic as consumers were squeezed by higher gas prices and rising taxes resulting in a cutback in spending. Retail sales for January increased only 0.1 percent, a decline from the 0.5 percent increases saw in both...
