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...
by Brianna Monsanto | Mar 24, 2022 | Retail Sales
Consumers slowed their spending in February as they continue to deal with higher prices. Retail sales grew a mere 0.3% in February, the Commerce Department said Wednesday. Gasoline stations dominated the report with a 5.3% increase in sales. These figures indicate...
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...
by Olivia Morley | May 19, 2021 | Economy, Featured, Retail Sales
The last few weeks have been busy for Eleni Tziouvaras, who owns Goleta, California-based E Salon. Tziouvaras’ business contracted at the beginning of the pandemic, slashing her income by 90 percent to $15,000 in 2020. Now, with restrictions on businesses being lifted...
by Olivia Morley | Apr 14, 2021 | Economy, Featured, Newest, Retail Sales
The Census Bureau will release the advance monthly retail sales report for April on Thursday. The report shows how much consumers spent on retail trade in the previous month – an important indicator of economic health. Economists surveyed by Bloomberg expect sales...
