retail sales Archives - CFO

Retail Sales Rebound in August With 0.7% Gain

Retail Sales Rebound in August With 0.7% Gain

Consumers delivered an unexpected increase in sales despite the delta variant and supply-chain bottlenecks that have hurt auto production.

By Matthew Heller | September 16, 2021

China Retail Sales Increase Only 8.5% in July

China Retail Sales Increase Only 8.5% in July

The Chinese economy's recovery from the pandemic is "losing steam as businesses grapple with higher costs and supply bottlenecks."

By Matthew Heller | August 16, 2021

Retail Sales Rebound in June With 0.6% Gain

Retail Sales Rebound in June With 0.6% Gain

“Inflation is a challenge for businesses right now, but sales growth is very good and consumer demand is very good."

By Matthew Heller | July 19, 2021

Retail Sales Fall 1.1% in Largest Pandemic Drop

Retail Sales Fall 1.1% in Largest Pandemic Drop

“The economy will bounce back strongly in [Q2] as vaccine deployment reaches critical mass but until then it’s going to be a long, bleak winter."

By Matthew Heller | December 16, 2020

Retail Sales Growth Slows to 0.3% in October

Retail Sales Growth Slows to 0.3% in October

“It looks like consumer spending is increasingly turning into a headwind for this recovery from the worst economic downturn since the Great Depression."

By Matthew Heller | November 18, 2020

Holiday Retail Sales Forecast to Rise 1% to 1.5%

Holiday Retail Sales Forecast to Rise 1% to 1.5%

High unemployment and economic anxiety will weigh on consumers, keeping sales well below last year's 4.1% gain, Deloitte says.

By Matthew Heller | September 15, 2020

Harley-Davidson U.S. Sales Plunge 27% in Q2

Harley-Davidson U.S. Sales Plunge 27% in Q2

"A total rewire is necessary to make Harley-Davidson a high-performance company,” CEO Jochen Zeitz says after Harley also reported a surprise loss.

By Matthew Heller | July 28, 2020

U.S. Retail Sales Plunge Record 8.7% in March

U.S. Retail Sales Plunge Record 8.7% in March

With coronavirus lockdowns starting only in the middle of March, "far worse is to come in April and the second quarter more generally."

By Matthew Heller | April 15, 2020

Consumer Spending Rises 0.4% in November

Consumer Spending Rises 0.4% in November

“Despite the late start to the holiday season, U.S. consumers were in a festive mood, suggesting the backbone of the economy remains rock solid."

By Matthew Heller | December 20, 2019

Retail Sales Jump Counters Recession Fears

Retail Sales Jump Counters Recession Fears

Sales increased 0.7% in July, "a reassuring sign for a U.S. economy that’s facing mounting hurdles."

By Matthew Heller | August 15, 2019

U.S. Retail Sales Take Surprising Dip in February

U.S. Retail Sales Take Surprising Dip in February

The measure of consumer spending fell 0.2% after a 1.2% gain in January, signaling tepid economic growth for the first quarter.

By Matthew Heller | April 1, 2019

U.S. Business Inventories Rise 0.3% in April

U.S. Business Inventories Rise 0.3% in April

The gain in inventories followed a 0.1% drop in March and was fueled by a 0.5% increase in retail inventories after a 0.7% decline the previous month.

By Matthew Heller | June 14, 2018

U.S. Retail Sales Increase 0.3% in April

U.S. Retail Sales Increase 0.3% in April

The second straight monthly gain indicates consumer spending is picking up after rising only 1.1% in the first quarter.

By Matthew Heller | May 15, 2018

Retail Sales Point to Strong Holiday Season

Retail Sales Point to Strong Holiday Season

While sales rose only 0.2% in October, the slowdown from September largely reflected the unwinding of hurricane-related consumer spending.

By Matthew Heller | November 16, 2017

August Retail Sales Suggest Hurricane Impact

August Retail Sales Suggest Hurricane Impact

Sales unexpectedly fell 0.2% last month and economists are trimming GDP growth forecasts for Q3 because of the effects of Hurricane Harvey.

By Matthew Heller | September 18, 2017