WASHINGTON — Consumers spent less on autos, clothing and furniture to leave retail sales unchanged in August. The lack of growth suggests households became more cautious during wild stock market fluctuations and increased fears about the economy. The Commerce Department also said Wednesday that retail sales were slightly weaker in July than first thought.
Retail Sales Unchanged In August, Weakest Showing In 3 Months; Demand For Autos Declines
Associated Press, Washington Post
Wed, 09/14/2011 - 7:29am
BING NEWS:
- UK retail sales stagnated again in March, ONS says
"However, these gains were offset by falling food sales and in department stores where retailers say higher prices hit trading. Looking at the longer-term picture, across the latest three months ...
04/18/2024 - 8:23 pm | View Link - UK retail sales stall in March
Over the past three months ... to March, sales rose by just 0.8 per cent. Spending on food and non-store products was muted, while consumption of petrol rose by 3.2 per cent. Demand for clothing ...
04/18/2024 - 7:41 pm | View Link - Retail Sales: Definition, Measurement, and Use As an Economic Indicator
Retail sales are an economic metric that tracks consumer demand for finished goods. This figure is a very important data set as it is a key monthly market-moving event. Retail sales are reported ...
04/17/2024 - 5:39 pm | View Link - Strong US retail sales boost first-quarter growth estimates
WASHINGTON, April 15 (Reuters) - U.S. retail sales increased more ... data from the Census Bureau showing business inventories rose 0.4% in February after being unchanged in January.
04/15/2024 - 5:22 am | View Link - US retail sales rose in March for the second-straight month
Retail spending has increased in seven of the past 10 months through March. Sales were up across several categories in March, including at gas stations, which increased a strong 2.1% from February.
04/15/2024 - 2:55 am | View Link - More
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