Spending in May a Relief to Some Retailers
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Yet questions still linger about how strong consumer spending will be in the months ahead.
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After taking a rest in June, the nation's consumers were full of energy last month, boosting their spending by a strong 0.8 percent, a hopeful sign the economy may be emerging from a summer funk.
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Small businesses, in particular, may get the biggest lift indirectly â from consumers spending the tax rebates they will start receiving in May.
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Shoppers spent more freely in July, raising hopes that June's economic lull would not last.
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Consumer spending emerged from a slump and rebounded in July as households dipped aggressively into their pocketbooks after an unexpected spell of restraint in June.
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The big three in discount retailers look like a good bet in a slowing economy.
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Retail sales growth stalled in June, leaving merchants wondering whether shoppers who were resilient for much of the year are now curbing their spending because of higher gas prices.
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Retailers experience a big bump following five weeks of slow sales, according to a report.
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NEW YORK -- 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.
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Recent consumer spending suggests that the economy may not be slowing as suddenly as some economists had thought.
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Post-holiday clearance sales and gift-card redemptions boosted January sales at major U.S. retailers, but the harsh winter weather that hit the Northeast and Midwest late in the month capped consumers' spending.
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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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A few little changes in behavior can reap big savings.
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U.S. retailers may have a happier holiday season than expected just a month ago, as shoppers cheer up after the elections and start thinking about what to buy as the weather gets cold, analysts said.
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Retailers such as Ito-Yokado got a lift after government data showed activity in Japan&#39;s service sector rose in June as a wide range of businesses including retailers and restaurants enjoyed a recovery in customers.
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WASHINGTON - Consumers, who substantially slowed down their spending in late summer, roared back to life in September, boosting their purchases by 0.6 percent.
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By Pat Kimbrough, High Point Enterprise, N.C.  Dec. 9--HIGH POINT -- It isn't just retailers that benefit from the  consumer spending bonanza during the holiday season.