
WASHINGTON, Feb. 5 (UPI) -- U.S. retail receipts ended a four-week slide, with sales climbing 2.4 percent in the week ending Saturday, a trade group in Washington said.
The International Council of Shopping Centers-Goldman Sachs weekly sales report said sales were stronger than in the previous week at specialty stores, wholesale clubs, dollar stores and clothing stores.
Sales were up despite weather that was on average 2.9 degrees Fahrenheit colder than the same week of 2012.
Temperatures were still 4.1 degrees warmer, on average, than the historic norm for the same week.
Compared to sales in the same week a year earlier, receipts were up 2.6 percent in the current week.
"Meanwhile, gasoline prices popped up over the past week," the report said.
The national average price of gasoline rose 18.1 cents in the week to an average of $3.538 per gallon Monday.
Higher prices at the pump generally put the pinch on discretionary spending.
|
|
|
|
|
|
| Additional Business News Stories | |
LONDON, June 19 (UPI) --
An oil company working in northern Iraq said Wednesday it was looking to confirm the region may be one of the best in the world in terms of resource potential.
|
PARIS, June 19 (UPI) --
Aerospace industry contracts for commercial aircraft, related systems and services worth billions of dollars are being reported from the Paris Air Show.
|
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