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 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 David Westenhaver | Apr 8, 2022 | Economy, International Trade
The US trade deficit remained at a near-record level in February, reinforcing the view that American consumers are faring better than their overseas counterparts despite continued bottlenecks at port cities throughout the country. The monthly trade deficit came in at...
by David Westenhaver | Apr 6, 2022 | Economy, Featured, International Trade
At least once a month, Bobby Garg, the president and CEO of SG Worldwide Inc., pays for a shipment of high-end whiskey and gin from India. A distillery in Uttar Pradesh makes the liquor. Dockworkers load the alcohol into a 20-foot crate, then place the crate on a ship...
by Brianna Monsanto | Feb 23, 2022 | Economy, Featured, Retail Sales
The Omicron variant made its rounds across the country in January, causing a number of employee shortages and shortened shopping hours. Yet, consumers continued to spend. Retail sales rose 3.8% in January from December, a bigger gain than economists expected. Sales...
