
WASHINGTON, Sept. 26 (UPI) -- U.S. retail sales receipts rose 0.6 percent in the week ending Saturday compared with the previous week, a trade association in Washington said.
The International Council of Shopping Centers said sales rose modestly week-to-week, but were up 2.9 percent compared with the same week of 2011, a climb from the 2.1 percent year-over-year gain of the previous week.
The council's report, issued Tuesday, said the national average temperature dropped 1.1 degrees Fahrenheit compared with the same week of 2011. The upper Midwest experienced its first hard frost, Weather Trends International said.
That same cool weather pattern "likely boosted" sales of fall apparel, the trade group said.
After 11 consecutive weeks of gains, the national average price of gasoline -- having gained 50 cents in the 11-week climb -- eased back, dropping 5.2 cents to $3.826 per gallon in the week ending Monday.
|
|
|
|
|
|
| Additional Business News Stories | |
BEIRUT, Lebanon, May 22 (UPI) --
The seizure of Syrian oil fields by the al-Nusra Front could accelerate the breakup of Syria amid a reshaping of the Middle East's geopolitical landscape.
|
WELLINGTON, New Zealand, May 23 (UPI) --
New Zealand will boost its defense spending from $318 million last year to $583 million in fiscal 2013 thanks to a payback from austerity measures.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption