Retail Sales Increase, Autos Lose Luster
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Consumers lost a little of their enthusiasm for auto purchases last month but spent like mad in a number of other areas including clothing and gasoline, the Commerce Department reported Friday.
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U.S. retail sales dipped 0.3 percent  in January as automobile sales fell sharply, but purchases  outside the volatile car sector gained a healthy 0.6 percent, a  government report showed on Tuesday.
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Retail sales edged up in August but they posted the biggest decline in almost a year when car sales were stripped out as consumer spending softened, a government report on Friday showed.
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Auto sales declined 2.2 percent in October after a 4.3 percent increase in September. Excluding autos, retail sales rose 0.9 percent, the strongest sales since May.
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U.S. 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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Sales at retailers rose a smaller-than-expected 0.3 percent and they showed the biggest decline in almost a year when car sales were excluded, the government said.
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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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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 this decade.
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DetroitÂs big rebates and interest-free financing deals have strengthened car sales for the last three years. But they have also eroded the resale value of many American automotive brands.
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U.S. retail sales rose by an unexpectedly large 1.5 percent in September, propelled by the sharpest jump in auto sales in nearly three years, according to a government report on Friday that bodes well for economic growth in the third quarter.
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Bigger discounts helped General Motors increase sales in August while Toyota, Ford Motor and Chrysler posted declines amid troubles in the credit and housing markets.
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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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The 0.3 percent increase in retail sales was about half what had been expected. In another sign of weakness, industrial production in August edged up by just 0.2 percent.
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US retail sales surge in December, helped by a big rise in car sales as dealers bring in new offers to boost business.
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General Motors posted a surprise sales gain in August, bucking an industry trend of weak auto sales in the period, and helping domestic brands to recapture a majority of U.S. sales.
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U.S. 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. chain store retail sales rose in the latest week after sizable back-to-back declines, as consumers took to the stores for holiday shopping, a retail report said on Tuesday.