Retail sales gain slightly on week

Published: July 8, 2008 at 4:17 PM
Order reprints
(UPI Photo Files)
(UPI Photo Files) | Enlarge Enlarge
WASHINGTON, July 8 (UPI) -- Retail sales in the United States gained marginally on the week ending July 5, the International Council of Shopping Centers-USB reported Tuesday.

Shopping gained by 0.2 percent on the week, but 2.3 percent from a year ago, the report said.

"Consumer spending continues to be adversely affected by high fuel prices that reduce discretionary purchasing power," the report said.

The retail group noted that the national average gasoline prices rose by 1.9 cents to a record $4.114 per gallon on July 7.


© 2008 United Press International, Inc. All Rights Reserved.



Key official endorses student loan plan (3 min)
Dogs hoarded by rent-skipper need homes (7 min)
MLB: Detroit 5, Cleveland 1 (14 min)
MLB: Toronto 2, Baltimore 0 (15 min)
Teens in sports less likely to smoke (18 min)
Gallup: Obama's approval slips (21 min)
Al-qaida allies behead seven Somalis (26 min)
fark
Probably the most spectacularly disturbing suicide you'll read about today
Photoshop these creepy earrings
Patronizing Tijuana hookers while on drugs may be unhealthy, according to Dr. N.S. Sherlock, of...
Defense lawyers request words like "polygamy,""cult" and "compound" not be used in their client's...
TSG Mugshot roundup: Twin billing
Barbie-Con visitors split on major issue: Are you allowed to open her box and play with it?