The shortened holiday shopping season spurred consumer spending in November, as Americans took advantage of Black Friday and Cyber Monday deals to make holiday purchases, according to the National Retail Federation. November retail sales, excluding automobiles, gas stations and restaurants, …
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Unemployment Down in November
The unemployment rate declined from 7.3 percent to 7.0 percent in November, and total non-farm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in transportation and warehousing, health care and manufacturing. Both the …
Read More »Retail Sales Strong Over Thanksgiving Weekend
An estimated 141 million unique shoppers shopped during Thanksgiving weekend, up from 139 million over the same time frame last year, according to the National Retail Federation. For those who shopped multiple times over the weekend, the survey estimated more …
Read More »RETAIL THERAPY: The Right Stuff
When I was younger I wanted to open a chain of stores. The stores would be part shoe retailer, part hair salon and part pub, and I wanted to name them Jaime’s Shoes, Dos and Brews. While this was just …
Read More »Retail Sales Increased 2.5 Percent in October
October retail sales, excluding automobiles, gas stations and restaurants, increased 2.5 percent seasonally adjusted over September, according to the National Retail Federation. “Consumer spending is growing as we head into the holiday shopping season, and the timing couldn’t be better,” …
Read More »Job Numbers Nudge Higher
The U.S. Bureau of Labor Statistics reported a slight gain in the number of nonfarm payroll positions for the month of October and little change in the unemployment rate, which remained steady at 7.3 percent. Industries that saw job growth …
Read More »Retail Sales Up in September
Retail sales increased 0.6 percent seasonally adjusted from last month, and 3.8 percent unadjusted year-over-year, according to the National Retail Federation. Building material and garden equipment and supplies dealers stores’ sales also increased 0.1 percent seasonally adjusted. “Retailers witnessed a solid …
Read More »More Than 15,000 Retail Jobs Added in September
Total nonfarm payroll employment rose by 148,000 in September, and the unemployment rate was little changed at 7.2 percent, the U.S. Bureau of Labor Statistics recently reported. Employment increased in construction, wholesale trade, and transportation and warehousing. The National Retail …
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