Retail sales rise in spite of gas prices

Published: June 9, 2009 at 11:46 AM

WASHINGTON, June 9 (UPI) -- Retail sales in the United States rose slightly in the week ending June 6, the International Council of Shopping Centers-USB reported Tuesday.

Sales were up 0.2 percent for the week, but down 0.8 percent compared to the same week a year ago, the report said.

"A confluence of factors pared consumer demand, including a cooler week temperature-wise than last year," ICSC said.

Weather Trends International said national temperatures averaged 3.9 degrees Fahrenheit cooler than last year.

Rising gasoline prices have also cut into consumers' discretionary cash. In the past six weeks, prices at the pump have risen 57.5 cents per gallon, the report said.

© 2009 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
Crude oil prices top $71 per barrel (46 min)
Students confirm 1920s dinosaur find
No. 1 Spain is soccer Team of the Year
Some ham sausages recalled in Canada
NASA awards $12.1M in education grants
Watercooler Stories
Jockstrip: The world as we know it.
fark
Real men of genius. Today we celebrate you, Mr "Why the hell shouldn't I mount a rocket launcher...
German quartet sensibly and efficiently chased into freezing shipping container by marauding wild...
Wal-Mart loves supporting the troops, except when it comes to overcharging them for shipping
Photoshop this man meeting the media
Subby can't decide if this is genius or simply idiotic, even for the New Yorker
Canadian healthcare still better than U.S., except for that little glitch where old people have...