Weekly Market Insight Jan. 17, 2012
Retail Sales Monthly % Change, Seasonally Adjusted
Retail sales were less robust in December than suggested by the momentum earlier in the holiday shopping season. Total retail sales, seasonally adjusted, rose 0.1 percent from November, and core sales, which exclude vehicles and gasoline, were flat. Sales of building materials led the way, increasing by 1.6 percent, while sales of electronics and appliances tumbled 3.9 percent, influenced by diminishing sales of the iPhone... Click here to read more. |
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Good News Friday Jan. 20, 2012
Feeling Better
Consumers are feeling better about their prospects these days according to the latest surveys from the University of Michigan and the Conference Board. The University of Michigan consumer sentiment index rebounded from the dip in August when Standard & Poor’s lowered its rating on U.S. long-term debt and Congress seemed incapable of reaching an agreement to raise the debt ceiling, signaling the potential for a default.... Click here to read more.
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