The unlikely rebound in retail sales provided a glimmer of hope for the economy, but new claims for jobless benefits showed the labor market still in the grip of a deep recession.
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BING NEWS:
- November U.S. Retail Sales Beat Expectations; 3 New Bankruptcies
S&P Global Market Intelligence recorded three new retail bankruptcy filings from Nov. 15 to Dec. 17. Retail and food services sales hit a combined $724.61 billion in November, according to seasonally adjusted advance estimates by the Census Bureau.
12/19/2024 - 7:50 pm | View Link - US home sales hit fastest pace since March with more properties up for sale
Sales of previously occupied U.S. homes rose in November to their fastest pace since March as home shoppers were encouraged by a wider selection of properties on the market, even as mortgage rates mostly ticked higher.
12/19/2024 - 3:50 am | View Link - US retail sales showcase economy's enduring strength
U.S. retail sales increased more than expected in November as households stepped up purchases of motor vehicles and online merchandise, consistent with strong underlying momentum in the economy as the year winds down.
12/17/2024 - 3:21 am | View Link - Retail sales jump on strong auto and internet buying. Economy in good shape for holiday season.
There’s no quit in American shoppers. Retail sales rose faster than expected at the start of the holiday shopping season in November and pointed to steady growth in the U.S. economy.
12/17/2024 - 1:32 am | View Link - More
- Retail Sales: Definition, Measurement, and Use As an ...
Retail sales are an economic metric that tracks consumer demand for finished goods. This figure is a very important data set as it is a key monthly market-moving event. Retail...
12/20/2024 - 7:23 am | View Link - Retail Statistics (2024): Sales Volume & Industry Trends by Year
Global retail sales are expected to reach $30.6 trillion in 2024, up 4.37% from 2023. Between 2023 and 2030, global retail sales will see a compound annual growth rate (CAGR) of 3.76%. U.S. retail sales are projected to total $8.53 trillionin 2024, up 2.78% from 2023.
12/20/2024 - 4:39 am | View Link - Monthly Retail Trade
Retail trade sales were up 0.9 percent (±0.5 percent) from October 2024, and up 4.1 percent (±0.5 percent) from last year. Motor vehicle and parts dealers were up 6.5 percent (±1.8 percent) from last year, while Nonstore retailers were up 9.8 percent (±1.4 percent) from November 2023.
12/19/2024 - 10:19 pm | View Link - US retail sales showcase economy's enduring strength | Reuters
Online retail sales vaulted 1.8%, probably reflecting early holiday promotions. Receipts at sporting goods, hobby, musical instrument and book stores increased 0.9%. Building material and garden ...
12/17/2024 - 12:20 pm | View Link - U.S. Retail Sales Improved Last Month, Continuing Gains
Sales at U.S. retailers increased by 0.7% in November, after rising by a revised 0.5% in October, according to the latest data from the Commerce Department.
12/17/2024 - 11:01 am | View Link - More
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