retail sales

Dollar rises on dismal retail sales

admin — Fri, 14 Nov 2008 11:53:19 -0600

The dollar climbed against other major currencies Friday as fears of a major economic recession were rekindled by a dismal U.S. retail sales report and announcement of a euro-zone recession.

Retail sales suffer record drop

admin — Fri, 14 Nov 2008 08:01:07 -0600

U.S. retail sales in October suffered the worst monthly drop on record as more Americans shunned discretionary purchases amid accelerating job losses in a worsening economy.

Bonds rise on recession woes

admin — Fri, 14 Nov 2008 05:34:23 -0600

Treasury prices rose Friday after the European Union reported more bad economic news and investors expected another weak report for retail sales.

Call it a recession, already

admin — Fri, 07 Nov 2008 11:59:58 -0600

Nearly 1.2 million jobs have been lost this year. The unemployment rate is at its highest level since 1994. Retail sales were dismal last month and for automakers, October was the worst month in more than a quarter-century.

Worst retail sales in three years

admin — Wed, 15 Oct 2008 09:05:27 -0500

Retail sales suffered their biggest drop in three years last month as American households reined in spending amid a tough job market, the financial crisis and falling home values.

Uncertainty rules as stocks end flat

admin — Fri, 12 Sep 2008 18:10:00 -0500

Little is clear for the stock market as Wall Street and the government scramble to sell Lehman Bros. and investors worry about the health of AIG. Oil ends higher as Hurricane Ike nears Texas -- and insurance stocks fall. Retail sales fall.

Retail report shows car sales slump

admin — Wed, 13 Aug 2008 12:23:47 -0500

Retail sales dropped for the first time in five months, according to the monthly numbers for July. One thing Americans aren't buying much this summer is big cars. Alisa Roth reports.

Strong retail sales show stimulus impact

admin — Thu, 12 Jun 2008 09:08:35 -0500

Retail sales rose more than expected in May, the first full month of payments aimed at stimulating the economy, according to a government report released Thursday.

Autos drive decline in retail sales

admin — Tue, 13 May 2008 09:16:46 -0500

Retail sales declined in April thanks to weakness at car dealers, the government reported Tuesday, but sales excluding autos surpassed expectations.

Stores see slight improvement in sales

admin — Mon, 14 Apr 2008 09:09:53 -0500

Retail sales were slightly better than expected in March, although high gas prices and a slowing economy continued to erode demand for products.