Tag: Commerce Department

News & Trends

Retail Sales Drop 0.6% in November, but NRF Expects Flat Return Rate Despite Higher Sales

December 16, 2022

Via: Retail TouchPoints

Retail sales fell 0.6% in November 2022 compared to the previous month, though they were up 6.5% from November 2021, according to Commerce Department data. The decline occurred despite muted inflation of just 0.1%, according to the Bureau of Labor […]

News & Trends

Retail stocks to watch after February’s larger-than-expected sales decline

March 17, 2021


Retail sales in February slid more than expected. The Commerce Department said they dropped 3% versus the 0.5% loss economists anticipated. The SPDR S&P Retail ETF (XRT) closed down 2% on Tuesday, reflecting the decline. Winter appeared to be a […]

News & Trends

Retail Sales Rebound With 2% Growth in January

March 11, 2019

Via: Retail Info Systems News

Following is disastrous December that saw retail sales drop 1.6%, the biggest decrease in a decade, industry sales increased a modest .2% in January, reports the Commerce Department. The estimated $504.4 billion retail collected in January represents a .2% increase […]