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.
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.
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.
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.
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.
Retail Sales Post Biggest Gain in Seven Months
The July sales report supports expectations that the U.S. economy will continue on its modest growth path.
Retail Sales Drop 0.2% in 2nd Straight Decline
The March sales report is another sign that consumers “have retrenched a bit in terms of spending in recent months."
Tax Refund Delays Slow Retail Sales Growth
U.S. retail sales rose only 0.1% in February but are still 3.7% higher in the first two months of 2017 than the same period last year.
Consumer Prices Post Biggest Gain in 4 Years
January's 0.6% rise in the CPI and continued strength in retail sales "show the economy is starting the year off with a bang."
U.S. Retail Sales End Year With 0.6% Increase
Sales picked up momentum after a slow start to the holiday season, bringing the gain for all of 2016 to 3.3%.
Retail Sales Growth Slows to 0.1% Last Month
It was the smallest gain in three months but year-over-year sales were up 3.8%, suggesting a positive start to the holiday shopping season.