Retail Sales Rise, but Data May Mask Troubles
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The back-to-school shopping season was not a disaster, but the respectable, if lackluster performance of retailers may have been driven by discounts that obscure troubles ahead.
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US retailers have seen sales pick up faster than expected, making the biggest improvement since July.
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Those shopping at post-Christmas sales between 26 and 28 December has risen 2.1% on last year, says a retail analyst.
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US retail sales excluding autos rose for a fourth month in August, suggesting stronger consumer spending that will help the economy accelerate this quarter.
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Stocks rose on Friday, after data showed new home sales unexpectedly rose in July and new orders for durable goods surged, reassuring investors about the economy's health, although credit concerns remained.
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Futures on the Standard &amp; Poor&#39;s 500 Index rose after a government report showed retail sales rose more than forecast last month.
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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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US stock-index futures gained after a government report showed sales at retailers in October, excluding autos, rose more than expected.
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Sales on America's busiest shopping day of the year could exceed last year, retail experts believe.
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Retailers scored solid sales and factories saw orders pick up, hopeful signs the economy isn't cracking under the pressure of high energy prices.
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Sales at retailers rose more in September than analysts estimated because of lower gas prices.
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Sales at retailers posted a much stronger-than-expected 1.2 percent rise in November, government data showed on Thursday, as holiday shoppers coped with high energy costs and the fallout from a housing slump.
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n Overall fourth-quarter retail sales this year are expected to be 6.5 percent higher than last year&#39;s -- the biggest increase since 1999.
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NEW YORK Stocks moved mostly higher Friday as a stronger-than-expected retail sales report showed that record oil prices had not scared consumers away from spending.
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US retail sales increased by 0.1 percent in November, the Commerce Department said on Monday, slightly stronger than expectations, while the previous month was revised sharply higher.
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U.S. stocks rose on Friday as  better-than-expected September retail sales data boosted  investor sentiment and outweighed a sharp decline in insurance  company shares and a lackluster consumer confidence report.
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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.