Tag: retail sales
Retail sales rise 0.6% in August largely due to a spike...
NEW YORK (AP) – Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as...
Retail sales rose solidly last month in a sign that consumers...
NEW YORK (AP) – Americans increased their purchases at retailers last month – for clothing, dining out, sporting goods and other areas-- in a...
Lardaro: R.I. teetering toward recession
PROVIDENCE – Rhode Island is teetering toward a recession due to an abysmal economic performance in April and continued economic weakness, University of Rhode Island economist...
Retail sales rose 0.3% in May despite pressure from higher inflation...
NEW YORK (AP) – Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs.
Thursday's report from the...
Retail sales up 0.4% in April from March, buoyed by solid...
NEW YORK (AP) – Consumers picked up their spending modestly in April from March, buoyed by a solid job market and easing inflationary pressures.
A...
Lardaro: No recession yet but it’s likely coming
PROVIDENCE – University of Rhode Island economist and professor Leonard Lardaro said Monday that Rhode Island is not in the early stages of a...
Retail sales jump as Americans defy inflation and rate hikes
WASHINGTON (AP) – America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the...
Lardaro: State’s expanding economy shows more signs of slowing
PROVIDENCE – There are growing concerns that the state’s economy is slowing, even though Rhode Island marked its 18th consecutive month of economic expansion...
Fed lifts rate by quarter-point and signals more hikes ahead
WASHINGTON (AP) – The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth...
December retail sales fall 1.1% as inflation takes a toll
NEW YORK (AP) – Americans cut back on spending in December, the second consecutive month they've done so, underscoring how inflation and the rising...
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