Notice: Trying to access array offset on value of type bool in /home/xtreme/public_html/wp-content/plugins/buddypress/bp-core/bp-core-avatars.php on line 1672

Notice: Trying to access array offset on value of type bool in /home/xtreme/public_html/wp-content/plugins/buddypress/bp-core/bp-core-avatars.php on line 1672
retail sales – XtremeCuztoms

Tag: retail sales

Persistent Inflation, Federal Reserve Rate Hike to Headline the Economic Week

Inflation data and the Federal Reserve’s policy meeting will headline this week’s economic events—but retail sales numbers, regional central bank manufacturing index readings, and consumer sentiment will be other important data investors will watch. The May consumer price index (CPI) report will be released on June 13. The consensus estimate is an annual print of…


Persistent Inflation, Federal Reserve Meeting to Headline Economic Week

Inflation data and the Federal Reserve’s policy meeting headline this week’s economic events, although investors also will be watching other important data such as retail sales numbers, regional central bank manufacturing index readings, and consumer sentiment. The May consumer price index (CPI) report will be released on June 13. The consensus estimate is an annual print of…


Wet Weather Blamed as UK Retail Sales Fall by 0.9 Percent in March

UK retail sales fell in March as businesses blame poor weather for discouraging people from heading to the shops. According to the latest data released by the Office for National Statistics (ONS), retail sales volumes dropped by 0.9 percent last month, with clothes shops, department stores, and garden centres all reporting declines. The decline—which came…


American Consumers Show Signs of Weakness as Retail Sales Drop Sharply

The American consumer, whose willingness to spend drives the economy, showed signs of faltering in March as retail sales fell by 1 percent, a far sharper decline than analysts expected and five times lower than the prior month’s 0.2 percent pullback. Consumer spending accounts for around 70 percent of U.S. economic output and retail sales…


Wholesale Inflation Falls, Retail Sales Slump, Investors Bet Fed Will Stop Hiking Rates

Wholesale inflation slowed sharply in February as retail sales turned negative, a sign that inflationary pressures may be easing and bolstering investor bets that the Federal Reserve will slow it blistering pace of interest-rate hikes as the economy cools. The Producer Price Index (PPI), which reflects prices charges by manufacturers, farmers, and wholesalers, fell by…


Should We Cheer Booming Retail Sales?

Commentary This one you simply will not believe. The major business press this morning absolutely cheered to the heavens about the surprise explosion in retail spending in January. As I will show, it’s all a big fakeroo. “The consumer roared back in January,” wrote the Wall Street Journal, “with broadly higher retail spending on vehicles,…


US Retail Sales Push Higher, Beating Forecasts Due to One-Time Factors

U.S. retail sales pushed higher last month, as they beat forecasts in the face of inflationary pressures, but this may be due to one-time factors. American consumers continue to spend despite persistently high inflation, as retail and food services sales in January rose 3 percent, for a total of $697 billion, according to Feb. 15th data from…


Does Hiring Signal Strength?

Commentary Hiring remains strong. Some have pointed to this recent robust jobs growth as a reason to downplay other signs of economic weakness and dismiss talk of a recession. At least one headline used the jobs figures to forecast a “soft landing” for the economy. But a deeper look into the production figures points to…


NTD Business (Dec. 15): Musk Sells $3.6 Billion in Tesla Stock; US Retail Sales See Biggest Drop in 11 Months

Elon Musk sells even more of his Tesla stock—for the second time since he bought Twitter. But some Tesla investors are not happy about it. Retail sales see their biggest month-over-month drop in nearly a year. What’s behind it? We talk to an industry analyst. Former President Donald Trump is now selling digital trading cards of…


LIVE NOW: NTD Business (Dec. 15): Musk Sells $3.6B in Tesla Stock; US Retail Sales See Biggest Drop in 11 Months

Elon Musk sells even more of his Tesla stock—for the second time since he bought Twitter. But some Tesla investors are not happy about it. Retail sales see their biggest month-over-month drop in nearly a year. What’s behind it? Former President Trump is now selling digital trading cards of himself—including one displaying him as a superhero….