Posts Tagged ‘Retail

13Aug

US retail get boosted by car sales

Posted by admin as Business

U.S. retail sales rose in July after two months, mainly to show an increase in car sales figures. Total sales climbed by 0.4% over the previous month, as sales fell a revised 0.3%, said the Commerce Department. Excluding the impact of car sales in total retail sales increased by 0.2%. U.S. retail sales have ceased [...]

U.S. retail sales showed a surprise increase in February as consumers defied extremely poor weather to bring to market. The U.S. Commerce Department said retail sales rose by 0.3% last month, while the forecast had predicted a decline of 0.2%.
The increase, the biggest since November fueled hopes that the economic recovery is gaining momentum and [...]


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