by Alexandra Semenova | Mar 19, 2018 | Retail
Sales at U.S. retailers fell unexpectedly in February, despite predictions that wage gains and increased paychecks from the Republican tax cut would stimulate consumer spending. Low gasoline prices and a decline in purchases of automobiles caused the 0.1% drop,...
by Alexandra Semenova | Feb 19, 2018 | Retail
Retail sales fell in January, interrupting a record of steady growth with the sector’s biggest decline in almost a year. The 0.3 percent drop in sales signals that optimism about consumer activity boosted by recent tax cuts and increasing jobs may be premature. Many...
by Barbara Marcolini | Apr 11, 2016 | Retail
By Barbara Marcolini It’s been unusually cold for Spring in New York, but even so, Erica Marques, 35, prefers to be out. On her first trip to the city, the Brazilian psychologist decided to avoid stores and restaurants – but it’s not because she...
by Barbara Marcolini | Apr 11, 2016 | Retail
By Barbara Marcolini The U.S. Census Bureau releases the March retail sales index on Wednesday, April 14, at 8:30 am. Economists surveyed by Bloomberg expect a modest increase of 0.1 percent in the headline number, but growth can be a little higher for core...
by maryhanbury | Mar 21, 2016 | Retail
by Mary Hanbury The wall of hot air instantly makes you feel claustrophobic; it’s the kind of place where a headache comes on in seconds but stays for hours. Consumers are creatures of habit when it comes to buying a mattress, time and again letting pushy sales men...
by Barbara Marcolini | Mar 18, 2016 | Retail
By Barbara Marcolini After a weak holiday season, retail sales moved downwards again in the first two months of 2016, despite the signs of improvement in the economy. Retail sales fell 0.1 percent in February from the previous month, but the biggest worry were the...
