by Tiara White | May 16, 2023 | Retail
Economists predict retail sales in April will rise to 1.0%, not adjusted for inflation after a decline in retail sales in March – indicating consumers are slowly spending their money in an economy with high inflation and interest rates. 1.What Economist Predict In...
by Tiara White | Mar 22, 2023 | Featured, Retail
After a strong month in January of consumer spending, retail sales decreased in February, an indication that the economy is slowly cooling, but inflation is still high, which may cause the Fed to raise interest rates. Retail sales decreased in February, indicating...
by Tiara White | Feb 24, 2023 | Retail
Surprising results for January, increased retail sales could sway the Federal Reserve efforts to raise interest rates even higher to effectively slow down the economy. Retail sales spiked in January, an indication of increased spending by consumers that could force...
by Francisco Velasquez | Apr 15, 2021 | Featured, Personal Income, Retail
The Commerce Department will release the advance retail sales report for March on April 15 at 8:30 am ET. Economists expect strong gains to persist, a signal the recovery is gaining steam as vaccine rollout accelerates and restrictions ease. Here are five things to...
by Francisco Velasquez | Apr 12, 2021 | Employment, Featured, Retail
When the pandemic hit and Cindy Lopez had to shut down the 48-year-old bakery and restaurant she runs with her husband in Milwaukee, she worried she would have to close their business for good. She fell behind on rent. She cut employees’ pay. She faced anxiety...
by Francisco Velasquez | Mar 19, 2021 | Retail
Retail sales fell in February, a sign that consumers are being cautious about spending, but the slump is unlikely to last long as a new round of stimulus checks begins to hit the economy. Sales fell 3 percent from the prior month, the Census Bureau said Tuesday. That...
