Economy on Track as Retail Sales Jump
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A surprisingly big climb in US retail sales in September and a larger-than-expected gain in underlying producer prices bolstered hopes for an economic revival and views
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US retail sales rose in May at the strongest pace in 16 months as American consumers splurged on many more purchases than anticipated, a government survey showed Wednesday.
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U.S. retail sales jumped a more-than-expected 1.2 percent in December, but first-time jobless claims posted a surprise climb and import prices dipped more than anticipated, government reports showed on Thursday.
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UK retail sales rose slightly more than expected last month, as higher interest rates fail to bite, official figures show.
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U.S. retail sales jumped a more-than-expected 1.2 percent in December, the government said on Thursday, as car dealers, furniture stores and on-line retailers reported strong sales.
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The U.S. growth outlook got a boost  on Monday with the release of stronger-than-expected retail  sales data that helped cement views the Federal Reserve will  raise interest rates again this week.
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U.S. retail sales jumped a  larger-than-expected 1.2 percent in December as lower gas  prices left shoppers with more cash to spend, while cheaper oil  also pulled down import prices more than anticipated,  government reports showed on Thursday.
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U.S. retail sales rose 0.1 percent in November, the Commerce Department said on Monday in a stronger-than-expected report that cemented views the Federal Reserve will raise interest rates again this week.
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A surprisingly big climb in U.S. retail sales in September and a larger-than-expected gain in underlying producer prices bolstered hopes for an economic revival and views the Federal Reserve will keep raising interest rates.
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Chain store sales rose more than expected last week mainly due to back-to-school shopping, in a sign that consumers continue to spend despite a weaker economy, two reports showed on Tuesday.
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High Street sales saw their strongest growth last month since mid-2006   despite recent rate rises, a report says.
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Retail sales rebounded in May after a slight fall in April, buoyed by strong demand for household goods, official data showed Thursday.
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Retail sales, helped by sizzling activity in auto showrooms, jumped by 1.2 percent in December, providing a solid finish to a year in which sales climbed at the fastest pace since 1999. The increase pushed total spending for the month to a seasonally adjusted $349.4 billion, the Commerce Department said.
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U.S. chain store retail sales rose in  the latest week, as increased customer traffic at discount and  department stores continues to drive sales, a retail report  said on Tuesday.
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Stocks rose steadily in late trading Friday as Wall Street welcomed a new retail sales report that showed an increase in consumer spending.
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Retail sales rose more than twice as much as expected in May, while import prices surged, adding to recent data suggesting the U.S. economy is recovering strongly after a slowdown in the first quarter.
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U.S. economic growth stayed on track  in September, with stronger durable goods orders and positive  news from the housing sector on Wednesday bolstering views the  Federal Reserve will raise interest rates again.