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Tag Archives: retailers

Consumers gloomy but their spending says otherwise

WASHINGTON — Economists have advice for anyone worried that consumers are too fearful to keep spending: Look at what they’re doing, not what they’re saying. A survey of consumer confidence shows that Americans were spooked early this month by the ...

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Retailers report solid sales gains for July

NEW YORK — Many U.S. retailers posted solid sales in July as deep discounts and sweltering heat drove shoppers to air conditioned malls. But analysts worry that momentum won’t continue through the back-to-school shopping season. Despite a flow of bad ...

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Retailers report muted May revenue growth

NEW YORK — Shoppers are showing signs of pulling back on spending on discretionary items like clothing and home goods as gasoline and groceries eat up more of their paychecks. Those pressures led many retailers on Thursday to report only ...

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Economists: Lower growth, higher oil prices coming

NEW YORK — Economists are dialing back their expectations for U.S. economic growth this year. A survey from the National Association for Business Economics predicts GDP will grow 2.8 percent this year — down from the group’s February prediction that ...

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Businesses boost stockpiles for 14th month

WASHINGTON (AP) — U.S. businesses added to their stockpiles in February for a 14th straight month and sales increased for an eighth consecutive month. The gains suggest factory orders will rise in the coming months. Business inventories rose 0.5 percent ...

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