Commerce Department, Retail | featured news

Retail sales inched up in Dec., ending record year

2011 Retail Sales

Retail sales barely rose in December, but the gain was enough to lift sales to a record level for 2011. It marked the largest annual increase in more than a decade. Sales inched up 0.1 percent in December to a seasonally adjusted $400.6 billion, The Commerce Department said Thursday. It was the second straight month that sales have topped $400 billion. Never before had monthly sales reached that level.

Senh: I'll give you this bit of good news, but the bad news.


Consumers buy more retail goods in March

Consumers buy more retail goods in March

Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas. Retail sales increased 0.4 percent last month, the Commerce Department said Wednesday. It was the ninth consecutive monthly gain.


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