[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

I do believe ThaT iT is wiThin The realm of possibiliTy ThaT Biden could win a presidenTial elecTion ... iT would Take place during a severe weaTher evenT --- hеll freezing over.

New Data Finds Majority Of Trump’s 2020 Voters Were Women and Minorities

Why Republicans believe they're right to oust Liz Cheney

150,000+ Sign French LeTTer ... Warning Of Civil War --- Demanding Major AnTi-IslamisT Changes To SocieTy.

Immediate Use of Ivermectin Medicine Globally Can End COVID-19 Pandemic: Scientists

COVID Fraud – Lawyers & Medical Experts start legal proceedings against W.H.O and World Leaders for ‘Crimes against Humanity’

School Board Nazi struggles to breathe while she orders kids to wear masks…

Warren says she'll run for reelection to Senate

WiThheld rouTers ... The laTesT of many roadblocks --- To Arizona SenaTe's audiT of 2020 elecTion

Windham ResidenTs ... Refuse --- To Be Silenced

When Cruelty Actually Is The Point

Fauci's agency spent over $400k on experiments grafting aborted fetal scalps onto mice and rats

Who Is Bill Gates? (Full Documentary, 2020)

Here Is What Republican Voters Really Believe in. It's a Shame the GOP Has No Idea

guTTing america ... going back --- on Track

“The ElecTion is Over”... Trump HaTer Cindy McCain Trashes Arizona ElecTion AudiT ---“Ludicrous” (VIDEO)

DissidenT Episcopalians awarded $100 million worTh of property ... as U.S. Supreme CourT --- declines To Take up Fort WorTh case

Joe Biden needs to stop lying about the cause of the border crisis and start fixing it

George W. Bush says ... The Republican ParTy has a shoT aT fuTure elecTions if iT curbs --- iTs 'whiTe Anglo-Saxon ProTesTanTism' ( heriTage )

BREAKING EXCLUSIVE - TGP’s Jordan Conradson InTerviews AZ AudiT DirecTor Ken BenneTT — HUGE DEVELOPMENTS ... Including Plans To Triple OuTpuT --- QuesTions on Number of FraudulenT BalloTs (VIDEO)

Can Democrats Avoid a Wipeout in 2022?

Biden declares war on America -- literally

Former Trump assisTanT says ... 'freighT Train' of elecTion resulT audiTs coming --- 'The MAGA movemenT is demanding answers'

Tim Scott's 2024 Star Rises After Biden Rebuttal

“We Will Find MisTakes – IrregulariTies ... We Probably Are Going To Find OuTright Fraud” --- AZ GOP Chair Dr. Kelli Ward Give - UpdaTe on HisToric AudiT (VIDEO)

Australia security official warns nations are ‘beating drums’ of war amid Asia-Pacific tensions

Former Obama White House advisor Seth Andrew arrested, accused of stealing from charter school he founded

This is fo sucking funny ... Joe has no clue --- The dumbocrap leaders are in a hearT aTTack panic!!.

The voter suppression lie

War Room ... Rachel Maddow Is Worried abouT whaT AZ ElecTion AudiT will Find — She Knows Georgia Is NexT

Conspiracy Queen Rachel Maddow ... Panics Over --- ‘Dangerous’ Arizona Vote AudiT

‘True To iTs docTrine’ ... ConservaTives plan for a new church afTer UniTed MeThodism spliTs --- over homosexualiTy debaTe

Michael Eric Dyson - WhiTe People Can Help BLM ...by Holding RacisT RelaTives --- ‘To AccounT’ aT Thanksgiving

Derek Chauvin ... The GreaT --- WhiTe DefendanT

New Mexico state trooper executed by Mexican cartel member… Horrific Video

John Kerry in Earth Day wonderland

Democrats Are Cheaters

Derek Chauvin's FaTe ... Is Now in The Hands --- of The Jury

Fools' overture

Democrats Are Terrified of Georgia

Climate Media vs. Climate Science

Why We Black Leaders Support Voter ID Laws

Pelosi: ‘No Plans' to Bring a Court-Packing Bill to the House Floor – at This Time

B-1 Bombers Are Deploying To Norway For The First Time With An Eye On Nearby Russia And The Arctic

High School Coach Fired After Refusing To Enforce “Insane” Outdoor Masks During Sports

CNN Says Chinese-Style Fonts Are Racist

Gran Torino Denounced for Anti-Asian Racism

'It Is Still Not Safe To Go Outside,' Says Fauci's Head In A Jar In Year 2739

Biden Re-Ignites the Waco Fire

Over 500 White People Have Been Killed By Cops Since 2020. There Has Been No Rioting Over Those Deaths.


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: Retail Sales Make Largest Gains In Two Years
Source: The Hill
URL Source: http://thehill.com/blogs/on-the-mon ... ake-largest-gains-in-two-years
Published: Oct 15, 2012
Author: Vicki Needham
Post Date: 2012-10-15 12:56:21 by Brian S
Keywords: None
Views: 2649
Comments: 4

Retail sales picked up again in September as consumers increased their spending on clothing, electronics and autos, bolstering hopes for a solid holiday season.

Spending increased 1.1 percent last month to a seasonally adjusted $412.9 billion, the Commerce Department reported on Monday.

Sales were revised higher to 1.2 percent in August, the best showing in both months since October 2010.

"In spite of the uncertainty and unease surrounding our nation’s high unemployment and long-term fiscal challenges, consumers continue to spend and shop," said Matthew Shay, president and chief executive of the National Retail Federation.

"Robust back-to-school spending combined with a series of new, technology-led product launches certainly helped retailers in September."

NRF is projecting year-over-year retail sales growth of 4.5 percent.

Electronics and appliance stores’ sales increased 4.5 percent, boosted by sales of the latest iPhone.

Auto sales were up 1.3 percent.

“With recent data painting a more optimistic view of consumer confidence, we can finally see some light at the end of the tunnel,” said Jack Kleinhenz, NRF's chief economist.

“While the latest retail sales data indicates continued improvement for the economy, increasing gas prices and the looming fiscal cliff still pose serious challenges to the momentum we’ve seen in consumer spending.”

Sales increased across all major categories, up 0.6 percent for clothing, 0.4 percent for furniture and home furnishings, 1.1 percent for building materials and garden supplies, 0.4 percent for health and personal care stores and 0.8 percent for sporting goods, hobby, book and music stores’ sales.

Consumer spending represents about 70 percent of economic activity and has been constrained by slow wage growth and high unemployment.

Gas station sales were up 2.5 percent and food sales, which have experienced a rise in prices due to a severe Midwestern drought, increased 1.2 percent.

Retailers caution that while higher gas prices can reflect in a boost spending they also force consumers to shift other spending to gas stations.

Still, excluding autos and gas, sales were up a solid 0.9 percent in September.

High unemployment and weak pay increases have kept consumers from spending more freely this year. That has held back growth. The economy grew at a weak 1.3 percent rate in the April-June quarter. Most economists believe growth will stay around 2 percent for the rest of the year.

The job market has shown modest signs of strengthening as the unemployment rate fell to 7.8 percent last month, the first time during President Obama's tenure that the rate has dropped below 8 percent.

Nonstore retailers’ sales increased 1.8 percent, which also include online shopping, was up 1.8 percent. Subscribe to *Obamanomics On Parade*

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Brian S (#0)

how about those gas prices, obot

calcon  posted on  2012-10-15   13:15:37 ET  Reply   Trace   Private Reply  


#2. To: calcon (#1)

About .50 cheaper than the summer of 2008 prices.

It is not easy reconstructing 'molded minds'...

Brian S  posted on  2012-10-15   13:42:23 ET  Reply   Trace   Private Reply  


#3. To: Brian S (#0)

Retail sales picked up again in September as consumers increased their spending on clothing, electronics and autos, bolstering hopes for a solid holiday season.

LMFAO!!!!!


"I am relying on my personal experience with Morons, which have been universally positive." -jwpegler

Capitalist Eric  posted on  2012-10-15   13:45:33 ET  (1 image) Reply   Trace   Private Reply  


#4. To: Capitalist Eric (#3)

93% of the October 08 Bailout,

$2.5 Trillion, leveraged 10X

went to the Top 1%.

mcgowanjm  posted on  2012-10-16   9:38:45 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com