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Content Tagged As retail_sales

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  • US retail sales rise on autos, online purchases

    November 14, 2014 10:18 AM

    WASHINGTON - U.S. retail sales rose at a modest pace in October, evidence that recent job gains and lower gas prices are lifting consumer spending. The Commerce Department says retail sales rose 0.3 percent last month after falling by the same amount in September. Excluding gas stations, where falling prices... more »
  • Economists encouraged by retail sales report

    July 15, 2014 1:15 PM

    WASHINGTON - The retail sales numbers for June indicate that consumers are still cautious, despite steady job gains this year. The Commerce Department says sales rose by just two-tenths of one percent last month, held back by a sharp drop at building and garden supply stores. Sales also fell at... more »
  • Higher tax doesn't slow economy

    March 13, 2013 8:12 PM

    WASHINGTON- An economist says it looks like the impact of the higher Social Security tax that hit Americans in January "hasn't been too bad." Paul Dales of Capital Economics reacted to Wednesday's report on retail sales from the Commerce Department. It says Americans boosted their spending by 1.1 % last... more »
  • Economists: Economy may be growing faster

    March 13, 2013 10:16 AM

    WASHINGTON - One economist says it looks like the impact of higher Social Security taxes and higher gasoline prices "hasn't been too bad." Paul Dales of Capital Economics is reacting to today's report on retail sales. The Commerce Department says Americans boosted their retail spending by 1.1 percent last month... more »

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