A modestly better-than-expected report on retail sales for January could suggest stronger economic growth in coming months. But this week’s severe snowstorms will likely depress activity in February.
The 0.5 percent gain the Commerce Department reported Friday exceeded the 0.3 percent rise economists had expected. Strength came from a surge at general merchandise stores. These include [...]
Posts Tagged ‘retail sales’
Retail sales gains in January could boost growth
February 13th, 2010 by Mortgage Writer
Tags: commerce department, economic growth, financial services, retail sales, Unemployment Rate
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