February Retail Sales Post Largest Gain In Five Months

Retail Sales

WASHINGTON (Reuters) - Retail sales rose more than expected in February as Americans bought motor vehicles and a range of other goods even as they paid more for gasoline, suggesting consumer spending this quarter will hold up despite higher taxes.

Sections:  news   business   
RELATED ARTICLES
  • Real 'Fault in Our Stars' couple reunited by hope
    Katie and Dalton Prager, a young couple who both have cystic fibrosis, celebrated happy news when they reunited Tuesday afternoon after nearly five months apart: Katie is on her way to getting a lifesaving lung transplant. More
  • 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
BING NEWS:
  • 15 of the highest-paid entry-level retail jobs in the US, from ALDI to Patagonia
    These are the highest and best-paying retail jobs you can find now, according to Glassdoor data on hourly wages of companies in the US.
    04/13/2024 - 9:23 pm | View Link
  • Viral post listing store closures in blue states is misleading
    In April 2023, Bed Bath & Beyond announced it was beginning its efforts to close its 360 remaining retail locations ... 483 stores in the U.S., for a net gain of 380 stores, which is context that the ...
    04/12/2024 - 8:57 am | View Link
  • Investors Move Toward Gold
    Source: Adrian Day 04/10/2024 Global Analyst Adrian Day looks for signs that investors are finally turning to gold, and provides an update on developments at a couple of stocks on his list.
    04/12/2024 - 6:14 am | View Link
  • Alphyn Capital Management Q1 2024 Letter To Investors
    The Master Account returned 7.1% net in Q1 2024 vs 10.6% for the S&P500, and as of 3/31/24, the top 10 positions were ~66% of the portfolio. Click here to read more.
    04/12/2024 - 5:15 am | View Link
  • CNBC/NRF: March Retail Sales Grew 2.7 Percent
    The Retail Monitor calculation of core retail sales – excluding restaurants in addition to automobiles and gasoline – was up 0.23 percent month over month and up 2.92 percent year over year in March.
    04/12/2024 - 3:07 am | View Link
  • 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