by Evelin Fajardo-Alvarez | Apr 15, 2024 | Economy, Retail Sales
On Monday morning, the U.S. Department of Commerce will release the latest advanced monthly retail sales and food services report. Economists surveyed by Bloomberg estimate a 0.4% increase in retail sales for the month of March. “A little bit of a step down, still...
by Evelin Fajardo-Alvarez | Apr 4, 2024 | Economy, Retail Sales
Retail sales have not fully recovered from a harsh January dip, but a rebound in February shows continuous consumer spending. Advance monthly retail sales and food services increased by 0.6 percent, in February, to a seasonally adjusted $700.7 billion according to the...
by Evelin Fajardo-Alvarez | Feb 19, 2024 | Economy, Featured, Retail Sales
Retail sales tumbled more than expected in January as a result of colder than expected winter weather and the sharp decline in gasoline prices. Advanced Monthly sales for retail and food services declined 0.8%, the U.S. Department of Commerce reported Thursday, much...