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(Image from article: "Unemployment rate remains at 9.7 percent")

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Retailers report surprisingly solid January sales

Retailers report surprisingly solid January sales

Retailers are reporting surprisingly solid January revenue gains despite snowstorms that many feared would chill spending.

 

Unemployment rate remains at 9.7 percent

Unemployment rate remains at 9.7 percent

Economists had expected the snowstorms to have a bigger impact, but job losses were surprisingly mild in February as employers cut 36,000 jobs.

 

New data: Feb. retail sales rose in many sectors

New data: Feb. retail sales rose in many sectors

Snowstorms that shut in East Coast shoppers last month also chilled sales at women's clothing stores but most retail sectors saw gains in February compared with a year earlier, data released Wednesday show....

 

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