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Tag Archives: appliances

Retail sales rise 1.1 percent in February

WASHINGTON — Americans stepped up spending on retail goods in February, evidence that a stronger job market is boosting the economy. Consumers bought more autos, clothes and appliances. They also paid higher prices for gas. Retail sales increased 1.1 percent ...

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What’s hot this year at the Consumer Electronics Show

Frank Gorman of Gorman & Williams is back in Las Vegas for the annual Consumer Electronics Show. And, just like last year, he’s graciously offered to write a few dispatches about his trip. The following is an overview of CES, ...

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U.S. retail sales rises for sixth straight month

WASHINGTON — Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. Retail sales rose 0.2 percent in November, the Commerce Department said Tuesday. That’s ...

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Best Buy 2nd quarter net income drops

MINNEAPOLIS — Best Buy Co. said Tuesday its fiscal second-quarter net income fell 30 percent as consumers hit the pause button on buying electronics, particularly TVs and smart phones, while fears about the global economy persist. Results missed expectations and ...

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Americans cut spending for first time in 20 months

WASHINGTON — Americans cut back on their spending in June for the first time in nearly two years and their incomes grew by the smallest amount in nine months, a troubling sign for an economy that is barely growing. Consumer spending ...

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Weak dollar gives U.S. factories a lift

WASHINGTON — The nation’s manufacturing sector has expanded this year at the fastest pace in a quarter-century, boosted by a weak dollar that has made U.S. goods cheap overseas. Strong factory production could help the economy rebound after experiencing weak ...

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US factory output rises for 6th straight month

WASHINGTON — U.S. factories produced more cars, appliances, computers and furniture in February, lifting manufacturing output for the sixth straight month. The Federal Reserve says overall output at the nation’s factories, mines and utilities dipped 0.1 percent last month, the ...

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Factory orders rise 0.7 percent in November

WASHINGTON — Businesses ordered more factory goods in November, responding to stronger consumer demand for household appliances, computers, and furniture. The Commerce Department says that total orders increased 0.7 percent in November. That follows a 0.7 percent drop in October. ...

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