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Retail sales stronger than expected in September

Retail sales stronger than expected in September

U.S. retail sales strengthened in September by more than forecast. The U.S. economy continues to show solid growth. And the economic strength continues to say that there’s less need for the Federal Reserve to cut interest rates by a larger-than-usual 50 basis points...
Retail sales stronger than expected in September

Retail sales growth disappoints in November

Retail sales rose a scant 0.3% in November from October. Economists surveyed by Bloomberg had forecast a 0.8% gain. And the November growth was a huge drop froth 1.7% month to month growth in September. On a year to year basis retail sales are up 18.2% from the...
Retail sales plunge 16.4% in April

Retail sales plunge 16.4% in April

U.S. retail sales fell 16.4% in April from March levels, the Commerce Department reported today. March itself had seen an 8.3% month to month drop. Economists surveyed by Bloomberg were looking for a 12% decline. In a separate report from the Federal Reserve today...