Tag: retail sales
Retail sales unchanged in June from May, underscoring shoppers’ resilience
NEW YORK (AP) – Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the...
Retail sales rise a meager 0.1% in May from April as...
NEW YORK (AP) – Consumers barely increased spending in May from April as still high inflation and high interest rates curbed spending.
Retail sales rose...
Lardaro: State’s economy gained momentum in April
PROVIDENCE – Rhode Island’s economy gained momentum in April, suggesting the potential to break beyond “first gear,” University of Rhode Island economist and professor...
Retail sales were unchanged in April from March as inflation and...
NEW YORK (AP) – Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking...
Retail sales up a strong 0.7% in March from February, underscoring...
NEW YORK (AP) – Americans increased their spending pace in March at a better-than-expected pace than the previous month, underscoring how shoppers remain resilient...
Lardaro: R.I.’s economy growing again
PROVIDENCE – Rhode Island’s growing economy began its breakout in February after being stuck in first gear most of last year, University of Rhode...
Visa, Mastercard settle long-running antitrust suit over swipe fees with merchants
NEW YORK (AP) – Visa and Mastercard announced a major settlement with U.S. merchants on Tuesday, potentially ending nearly two decades of litigation over...
U.S. consumers are confident, but how they feel about the immediate...
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future.
The Conference Board,...
U.S. retail sales up 0.6% in February
NEW YORK (AP) – Americans picked up their spending a bit in February after pulling back the previous month. But last month's gain was...
Lardaro: R.I. did not experience a ‘statistical recession’ in 2023
PROVIDENCE – Rhode Island’s economy did not experience a "statistical recession" last year as originally believed, University of Rhode Island economist and professor Leonard...
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