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Retail sales increase at slowest pace in 6 months as gas prices rise
REUTERS/Rick Wilking US retail sales rose 0.1% in August, the smallest increase since February, according to the Commerce Department. Th.....»»
Here Comes A Big Miss In Retail Sales
Here Comes A Big Miss In Retail Sales Bank of America's economists have been on a roll in the past three months. Back in February, the bank looked at its credit and debit card spending data and concluded that cons.....»»
Ford April vehicle sales jumped to nearly 200,000, as EV sales soared nearly fourfold
Ford Motor Co. said Tuesday that total U.S. April vehicle sales rose 64.8% from a year ago to 197,813 vehicles, boosted by a near fourfold rise in electric vehicle (EV) sales. April retail sales were 57.1.....»»
Stimmy Checks Spark "Spectacular" Retail Sales Spendfest In March... But What Happens Next?
Stimmy Checks Spark 'Spectacular' Retail Sales Spendfest In March... But What Happens Next? After surging in January (stimmy checks), and plunging in February ( no stimmy checks and bad weather), BofA has warned investors .....»»
: Costco sales top $18 billion in March
Costco's March sales rise 18% to $18.21 billion, also representing an uptick compared with February sales......»»
Consumer Spending Explodes, Driven By Vaccine Recipients, Millennials Splurging On Airlines, Restaurants
Consumer Spending Explodes, Driven By Vaccine Recipients, Millennials Splurging On Airlines, Restaurants Now that the awful February retail sales report is in the rearview mirror, as is its huge miss to consensus expectations - just as w.....»»
China new energy car output, sales rise in February
China-based makers produced 124,000 new energy vehicles and sold 110,000 units in February 2021, soaring 7.2 times and 5.8 times respectively on year, according to China Association of Automobile Manufacturers (CAAM)......»»
Market Snapshot: Dow retreats from record as Fed starts two-day meeting
Stocks are on pace to record modest losses on Tuesday as investors sifted through a weaker-than-expected U.S. February retail sales report and other economic data as a two-day meeting of the Federal Reserve got under way......»»
Retail sales unexpectedly stumble 3 percent in February
The steeper-than-expected decline came as severe weather gripped large areas of the country......»»
Retail sales stumble 3 percent in February
The steeper-than-expected decline came as severe weather gripped large areas of the country......»»
US Retail Sales Collapse In February, Online Sales Plunge
US Retail Sales Collapse In February, Online Sales Plunge After the huge surge in January, analysts expected retail sales .....»»
Economic Report: U.S. retail sales drop 3% in February before new round of stimulus checks
Sales at U.S. retailers fell 3% in February due to a lapse in government aid and a bout of unusually bad weather, but business is expected to pick up again soon after Washington sent $1,400 stimulus checks to most Americans......»»
Market Snapshot: Dow futures steady as Fed begins 2-day meeting
Stock-index futures trade mixed as investors await February retail sales figure and other economic data ahead of the start of a two-day Federal Reserve policy meeting......»»
US retail sales plunge 3% as stimulus boost fizzles out
The decline missed the median estimate for a 0.5% drop and marks the fourth decline for retail sales in five months. Joe Raedle/Getty Images US retail sales declined 3% in February, t.....»»
Chinese Markets Slump Despite Soaring Industrial Production, Retail Sales
Chinese Markets Slump Despite Soaring Industrial Production, Retail Sales Chinese stocks fell, starting the week off on the back foot despite solid January-February economic data which showed su.....»»
U.S. retail sales increased 4.6% in February, per Mastercard data
U.S. retail sales climbed 4.6% in February, according to data from Mastercard's SpendingPulse tool, after adjusting for the fact that 2020 was a leap year. Without seasonal adjustments, the total retail sales increas.....»»
Target stock rallies after sales rise more than expected, boosted by traffic and average ticket gains
Shares of Target Corp. rallied 1.8% in premarket trading Tuesday, after the discount retail giant reported fiscal fourth-quarter profit and sales that rose above expectations, boosted by .....»»
Old school Airstreams enjoy pandemic-era popularity
Despite being forced to close for six-weeks early in the pandemic, retail sales at Airstream dealerships jumped 22 percent in 2020 and demand is still on the rise......»»
US holiday retail sales rise 3.0% - Mastercard report
U.S. ecommerce sales jumped 49% in this year’s holiday shopping season, according to Mastercard SpendingPulse report, underscoring the COVID-19 pandemic’s role in transforming customers’ shopping habits......»»
Amazon sales soar as worried consumers shop from home, but costs rise
The online retail giant posted massive first-quarter revenue growth with holiday-like buying offsetting challenges it had stocking household staples......»»