Retail Sales Rise by 0.3 Percent
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WASHINGTON -- Shoppers put aside worries about the slumping economy to go to the malls and auto dealerships in January. That propelled retail sales to a surprising rebound following a dismal December.
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According to official data from National Statistics, retail sales rose 0.6 pct in August from July for a 6.5 pct annual increase. The figures were well above expectations of a 0.2 pct decline and a 5.8 pct gain respectively.
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Business & money: Retail sales rose by a stronger-than-expected 0.4% in November from October, but retailers had to again slash their prices to shift stock
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The Commerce Department on Friday said online retail sales increased more than 21 percent in the third quarter. Adjusted for seasonal variations and holiday and trading-day differences, online
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The rise in retail sales was the best showing since March. Also, producer prices rose 0.1 percent in September.
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U.S. chain store retail sales rose in the latest week, a report said on Tuesday.
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Retail chains on Thursday reported moderate May sales increases, as warmer weather fueled demand for seasonal items, like gardening and other outdoor goods, helping retailers rebound from their dismal April.
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Wal-Mart Stores Inc. WMT.N on  Saturday said sales at stores open at least a year rose 2.3  percent, according to its preliminary tally, helped by sales of  bedding, electronics, food and pet supplies.
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U.S. chain stores sales rose in the  third week of May with strength in household staples, but  rising gasoline prices and interest rates are expected to lower  sales in the second quarter, a report said on Tuesday.
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U.S. chain store retail sales rose in  the latest week, a report said on Tuesday.
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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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Retail chains on Thursday reported moderate May sales increases as warmer weather fueled demand for seasonal items, like gardening and other outdoor goods, helping retailers rebound from a dismal April.
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Sales of major store chains rose just 1.7 percent in November from a year ago, said a survey sponsored by the International Council of Shopping Centers (ICSC), after a year-earlier gain of 3.7 percent.
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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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U.S. specialty apparel retailers saw  sales rise 3.6 percent in holiday shopping, at the lower-end of  expectations, according to data released on Tuesday by  SpendingPulse.
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Sales at retailers rose more in September than analysts estimated because of lower gas prices.
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US 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.