Tag Archives: economy

The National Retail Federation (NRF) expects sales in November and December to marginally increase 3.9 percent to $602.1 billion, over 2012’s actual 3.5 percent holiday season sales growth. The forecast is higher than the 10-year average holiday sales growth of …

Existing-home sales increased in August and reached the highest level in more than six years, while the median price shows nine consecutive months of double-digit year-over-year increases, according to the National Association of Realtors®. Total existing-home sales rose 1.7 percent to a seasonally …

After four consecutive months of increasing confidence, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “While builder …

Retail sales increased in the month of August but came in at a much slower pace than anticipated. August retail sales (excluding automobiles, gas stations and restaurants) increased 0.1 percent seasonally adjusted from last month, according to the National Retail …

Home Depot CEO Frank Blake recently sat down for an interview with CNBC while he was in New York to promote Home Depot Foundation’s Celebration of Service campaign that runs from Sept. 11 through Veterans Day. In the interview he …

Both the number of unemployed, at 11.3 million, and the unemployment rate, at 7.3 percent, changed little but decreased in August. The jobless rate is down from 8.1 percent a year ago, the U.S. Bureau of Labor Statistics reported. Overall, …

Pending home sales were down in July, with higher mortgage interest rates slowing the market, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 1.3 percent to 109.5 in July from …

While the healthy level of activity across Canada appears to be something many retailers shared through most of the country, it may not be enough to put most retailers ahead in sales over last year. Central and Eastern Canada In …