Rain discourages shoppers in May
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Wet weather and rising interest rates hits retailers in May, according to the British Retail Consortium.
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Consumers brushed off rising gasoline prices and slumping home sales to storm the malls in May, pushing retail sales up by the largest amount in 16 months.
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By Jessica Klipa, The Bradenton Herald, Fla.  Jun. 27--MANATEE -- With June rain levels well below normal, much-needed rain is expected this week, bringing relief, but not an end to parched conditions caused by the lingering drought.
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"Workers across the country have been looking forward to a sunny bank holiday. But a number of our customers seem convinced we're in for a wet weekend."  Forecasters have warned holidaymakers to enjoy the blazing sunshine before a washout blights the end of the long weekend. via Guardian Unlimited
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The home improvement chain warned that dry conditions in some parts of the United States were hurting sales of outdoor products.
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NEW YORK -- The nation's consumers, uninspired by this season's fashions and rattled by high gas prices and the weak housing market, shopped gingerly last month, extending the misery of retailers who have struggled with a spending slowdown since February.
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WASHINGTON -- Consumers put away their wallets in June, sending retail sales crashing by the sharpest amount in nearly two years.
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WASHINGTON -- Consumers brushed off rising gasoline prices and slumping home sales to storm the malls in May, pushing retail sales up by the largest amount in 16 months.
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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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Mother nature is fickle. Just two weeks ago, freezing ice and snow blanketed the region. Last week, she teased us with mild weather. Dare we say it? Spring is just around the corner.
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Shoppers are wary about High Street spending despite August's better weather, the latest retail sales figures show.
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New home sales in May fell more than expected while consumer confidence in June hit a 10-month low amid worries about jobs and the business climate, adding to signs of sluggish economic growth this year.
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Retail sales in Britain slowed last month, official data showed Thursday, as the country&#39;s wettest June on record kept consumers away from the highstreet.
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Orders to U.S. factories for big-ticket manufactured goods fell in May, reflecting a second straight month of weakness in demand for commercial aircraft.
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Consumers returned to the malls in August for a late back-to-school buying spree, helping many retailers rebound from July's sluggish pace. But analysts are still worried that the weakening housing market and higher food and gas prices will curtail shopping in the critical months ahead.
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NEW YORK -- 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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U.S. new home sales in May fell more  than expected while consumer confidence in June fell to a  10-month low amid anxiousness about jobs and the business  climate, adding to signs of sluggish economic growth this year.