by E 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 E 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...
by Divya Murthy | Mar 19, 2023 | Consumer Price Index, Economy, Featured, Retail Sales
A post-holiday hangover clouded retail sales last month as resilient but weary consumers corrected their outsize January spending, holiday discounts faded and an air of caution returned, heightened by still high prices and rising interest rates. Retail and food...
by Divya Murthy | Feb 19, 2023 | Consumer Price Index, Economy, Retail Sales
Photo by Heidi Fin on Unsplash U.S. retail sales bounced back at the start of the year, a sign of consumers’ faith in the economy even in the face of inflationary pressures and the low-hum of recession fears: People are shopping. People are going out to eat....
by Brianna Monsanto | Apr 13, 2022 | Retail Sales
On Thursday, the U.S Census Bureau will release their monthly retail sales report, a thorough examination of consumer demand for retail goods and fast food services. Economists surveyed by Bloomberg anticipate a 0.6% increase in sales for the month of March. ...
by Brianna Monsanto | Apr 3, 2022 | Retail Sales
Regular gas at the Speedway in Albemarle County, Virginia is at $4.20 per gallon, up from $2.72 a year ago. The grocery store a mile away, a Kroger, has raised the price of pork and beef. Yet in the middle of the two, one local business has somehow managed to avoid...
