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In March, US retail sales rose by 1.6% M/M, beating the market consensus of 1.2% M/M. Also the previous figure was upwardly revised. The breakdown shows that the increase was led by motor vehicles and parts (6.7% M/M), but also core retail sales (excluding autos & gas) rose significantly (0.7% M/M). Only sales of electronics [...]
Sales at retailers were unexpectedly strong last month, suggesting consumers were feeling a little more comfortable to spend and improving prospects for first-quarter economic growth.
Retail sales rose 0.5 percent as consumers stepped up spending not only on essential goods but luxury items as well, the Commerce Department said on Friday.
Optimism over the increase [...]
Thu, Feb 4 2010, 03:27 GMT
by ecPulse.com analysis team
A report today showed retail sales in Australia unexpectedly dropped for the first time in five months as loan repayments increased after the Reserve Bank raised interest rates three straight meetings in October, November and December. Policy makers may decide keeping borrowing costs [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
U.S. retail industry sales seen up 2.5 percent for 2010
SAN FRANCISCO (Reuters) – U.S. retail sales should rise 2.5 percent this year, signaling that store chains have made it through the worst of the downturn as improvements in the housing and job markets bolster shoppers’ confidence, a trade group forecast on Tuesday.
The 2010 [...]
Fri, Jan 22 2010, 11:02 GMT
by ecPulse.com analysis team
The British economy showed remarkable improvement in the third quarter and is about to continue the progress in the last quarter, after the fiscal and monetary measures adopted by the government and BoE to stall the deterioration resulting from the worst recession since [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Retail sales fall unexpectedly, jobless claims up
WASHINGTON (Reuters) – U.S. consumers unexpectedly curbed their Christmas spending in December and more people filed claims for jobless benefits last week, casting fresh doubts on the durability of the economic recovery once government support fades.
The Commerce Department said on Thursday retail sales fell 0.3 percent [...]
US retail sales fall 0.3% in Dec
Fri, Jan 15 2010, 05:38 GMT
after a consensus-missing retail sales report, although positive revisions meant little negative fallout in markets. The S&P500 is currently little changed, and waits for benchmark Intel’s Q4 earnings report which will be released after the close of trading. Also important [...]
opened 2010 riding momentum from last year's strong rally even as doubts emerge about the market in view of an uncertain pace of recovery from the brutal recession.
In the coming week, the focus turns to the health of the American consumer with data on retail sales for December, offering clues on spending which accounts [...]