December Retail Sales Are Weaker Than Expected

Though December was weaker than expected, the overall holiday season was still relatively strong, analysts said.

Sections:  news   business   
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • December 2016 Foodservice Industry Quarterly Update
    ... companies $1.7 billion net sales were attributed to foodservice sales. This amount has remained stable over the past couple of years. The foodservice segment was weaker against retail and convenience segments during 2016. Sysco, despite being at a ...
    03/13/2017 - 2:19 am | View Link
  • Canada Retail Sales Drop 0.5% in December
    OTTAWA--Canadian retail sales unexpectedly declined in December and recorded their worst performance in nine months, due to weaker demand for new cars and clothes. The value of retail sales fell 0.5% in December to a seasonally adjusted 44.91 billion ...
    02/22/2017 - 12:45 am | View Link
  • Canadian Retail Sales Drop in December
    OTTAWA—Canadian retail sales unexpectedly declined in December, posting their worst performance in nine months, due to weaker demand for new cars and clothes. The decrease ended four straight months of gains for retail sales, which had a rocky 2016 as ...
    02/21/2017 - 11:00 am | View Link
  • BofA Finds Consumer Spending Tumbled In December, Warns Of Disappointing Retail Sales
    As BofA notes, "the BAC aggregated card data showed that retail sales exautos declined 1.0% mom SA in December ... Spending on those dates was much weaker than on a typical Saturday, presumably since people were enjoying the holidays.
    01/10/2017 - 6:53 pm | View Link
  • UK retail sales in decline in December
    Like-for-like retail sales in December fell 0.1 percent year on ... when consumers will more keenly feel the bite of inflation and the weaker pound,” she added. Sales of fashion goods declined 1.07 percent in December, but the overall figure was pushed ...
    01/6/2017 - 2:28 am | View Link
  • More
  • British Pound
    British Pound currency overview from MarketWatch. ... Intraday Data provided by SIX Financial Information and subject to terms of use.
    03/20/2017 - 11:24 am | View Website
  • Retail Sales report
    Data Inquiries Media Inquiries Economic Indicators Division, Retail Indicator Branch Public Information Office 301-763-2713 301-763-3030 eid.retail.indicator.branch@ ...
    03/20/2017 - 10:33 am | View Website
  • Retail Sales Report
    Announcements. Intention to Revise: Monthly retail sales, inventories, and inventories/sales ratios will be revised based on the results of the 2015 Annual ...
    03/15/2017 - 4:23 pm | View Website
  • Retail sales post biggest drop in 9 months amid weak ...
    Canadian retail sales declined unexpectedly in December, marking the biggest drop in nine months as consumers bought fewer new cars and spent less during the holiday ...
    02/22/2017 - 8:45 am | View Website
  • US Retail Sales Weakened: Will It Impact Consumer Spending ...
    US retail sales. According to a report from the US Census Bureau, US retail sales rose 0.4% in January 2017 as compared to a 0.6% rise in December 2016.
    02/20/2017 - 10:17 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News