US retail sales surge in December
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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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U.S. online retailers rang up holiday sales of $23.2B between Nov. 1 and Dec. 26, up 25% from the same period in 2003, according to a survey released today by Goldman Sachs, Harris Interactive and Nielsen/NetRatings.
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December sales and sales for the fiscal year to date reported by leading retailers.
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Retail sales have risen sharply in the run-up to the key Christmas season, adding to data which suggests the economy is gathering pace and interest rates may rise next year.
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Last-minute shopping helped U.S.  retailers boost sales in December after a slow start to the  holiday season, but hefty discounting caused some companies to  warn profits may be squeezed,
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Wal-Mart Stores Inc  on  Thursday reported a 2.4 percent rise in December sales at U.S.  stores open at least a year, helped by strong sales of food.
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Stocks climbed higher on Thursday,  with Wall Street bouncing back from a string of declines and  encouraged by December sales figures from U.S. retailers.
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WASHINGTON -- U.S. factories saw demand for their products rise in December by the largest amount in five months, a spot of welcome news that failed to change the picture of an economy struggling to stay afloat.
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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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US retailers have seen sales pick up faster than expected, making the biggest improvement since July.
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U.S. retail sales jumped sharply in  November as shoppers went on a spending spree that will  reinforce the Federal Reserve's view that the cooling housing  market has not hurt the rest of the economy.
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Wal-Mart has seen a larger number of customers in its US stores over the past week as all-important holiday shopping improved. The world&#39;s biggest retailer said that its general merchandise sales picked up as the week progressed.
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New orders for long-lasting U.S.-made manufactured goods rose by a much bigger-than-expected 5.2 percent in December and a key gauge of business spending also surged, a Commerce Department report showed on Tuesday.
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WASHINGTON -- Consumers battered by a multitude of economic woes came roaring back in November, pushing retail sales up by the largest amount in four months.
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Sales at US retailers surged in the final days before Christmas, making up for weaker sales earlier in December and keeping stores on course for a gain of as much as 3 percent during the holidays.
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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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Upscale U.S. department store chain  Nordstrom Inc. JWN.N on Wednesday reported sales at its  stores open at least a year rose 9.3 percent during December,  the big holiday shopping month.