by Olivia Morley | Apr 10, 2021 | Economy, Featured, Newest, Retail Sales
Last year, gourmet cheese and specialty foods shop Formaggio Kitchen shut down in-store shopping at its Cambridge, Massachusetts location for almost two months. It swiftly lost its catering and restaurant accounts as its business clients shuttered. But unlike many...
by Olivia Morley | Mar 19, 2021 | Economy, Featured, Retail Sales
Retail sales declined in February as consumers pulled back after a stimulus-fueled splurge in January and as freezing temperatures plagued Texas and other Southern states. Sales declined 3 percent, a larger decrease than expected and a stark contrast to January’s 7.6...
by Olivia Morley | Feb 22, 2021 | Economy, Featured, Retail Sales
Retail sales rose significantly in January, a sharp departure from a three-month decline and a promising sign that the economy is rebounding. Sales increased by 5.3 percent, indicating a rise in consumer spending that far surpassed the average 1.18 percent increase...
by Karishma Vanjani | Mar 25, 2019 | Economy, Featured, Retail Sales
Retail sales stabilized in January but didn’t rebound from the surprisingly low December numbers, signalling the economy is off to a sluggish start in the first quarter. Overall sales rose a seasonally adjusted 0.2% in January, pushed up by purchases made...
by Karishma Vanjani | Feb 25, 2019 | Economy, Retail Sales
Retail sales saw their sharpest decline in more than nine years in December, suggesting slower economic growth amid the government shutdown and stock market turmoil. Sales fell by 1.2 percent in the final month of the year, closing out the holiday season on a weak...
