Retail sales edged up modestly in February
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U.S. retail sales outside the auto sector firmed in February, but were restrained by the housing slump and rising gasoline prices, according to a report published Monday.
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WASHINGTON -- Better than expected performance in the US manufacturing sector in February helped calm investors yesterday, even as economists cautioned that one month's worth of data is not a cause for too much optimism.
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Retail sales in the United States increased by a modest 0.1 percent in November following a revised gain of 0.8 percent in October, the Commerce Department reported on Monday.
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U.S. chain store sales increased slightly in the latest week, due in part to Labor Day sales and back-to-school shopping, a report said on Tuesday.
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US retail sales in November were up 0.1 per cent from the previous month, slightly higher than expected. Sales were 7.2 per cent up on the same month last year, according to advance estimates
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WASHINGTON -- Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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The nation's retailers, once hopeful for a strong spring selling season, are being forced to ratchet down their expectations after sales stalled amid the chill of February.
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Sales at retailers unexpectedly rose 0.3 percent in January, partly reflecting stronger sales of new cars and gasoline, according to a Commerce Department report on Wednesday.
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Consumers lured by clearance sales and a fresh assortment of spring clothes gave many of the nation's retailers solid sales in January and hopes for even stronger business in the months ahead. Late-month snowstorms in the Midwest and Northeast depressed results for some merchants, but didn't hurt the industry's overall performance.
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US retail sales rose 0.3 percent in January, a government report showed Wednesday, as shopping activity rebounded unexpectedly despite growing economic worries.
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WASHINGTON -- Sales at the nation's retailers barely budged in February as bad winter weather kept already cautious shoppers away from the malls.
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U.S. retail sales outside the auto  sector firmed in February, but were restrained by the housing  slump and rising gasoline prices, according to a report  published Monday.
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U.S. retailers like Wal-Mart Stores Inc.  and Federated Department Stores  reported weak February sales on Thursday, saying the month's cold temperatures and stormy weather hampered results.
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Sales at the nation's retailers barely budged in February as bad winter weather kept already cautious shoppers away from the malls.
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Teen clothing retailer American Eagle Outfitters Inc.  said on Wednesday sales rose in February, helped by the popularity of its early spring fashions.
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Wal-Mart Stores Inc.  on Thursday forecast a 1 percent to 2 percent rise in February sales at its U.S. stores open at least a year, continuing its run of tepid sales gains.
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U.S. retail sales rose by 0.2  percent in October, the Commerce Department said on Friday,  matching expectations after a sharp drop in auto sales was  offset by solid growth in other areas.