facebook
twitter
rss
account
search
search
 

Retail sales up marginally in week

March 5, 2013 at 11:28 AM   |   Comments

WASHINGTON, March 5 (UPI) -- U.S. retail receipts rose marginally in the week ending Saturday, a trade group in Washington said.

The International Council of Shopping Centers-Goldman Sachs weekly sales report said sales rose 0.2 percent over the previous week and 1.8 percent over the same week of 2012.

Sales were steady at clothing stores and higher at grocery stores week to week, but down from the same week of 2012, the weekly report said.

Weather Trends International said temperatures averaged 4 degrees Fahrenheit colder than the same week a year earlier, making it the second consecutive week in which sales of spring items were held back by a continuing chill.

A 10-week escalation of rising gas prices came to a halt. The national average price of a gallon of unleaded dropped by 2.5 cents in the week as of Monday to $3.759, the U.S. Energy Information Administration said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
New National Security Cutter delivered to Coast Guard New National Security Cutter delivered to Coast Guard
2
Canada airlifting ammunition to Iraq Canada airlifting ammunition to Iraq
3
Creator of 'Honey Badger Don't Care' brand sues for trademark infringement Creator of 'Honey Badger Don't Care' brand sues for trademark infringement
4
First MT30 engine for Korean Navy frigates passes acceptance tests First MT30 engine for Korean Navy frigates passes acceptance tests
5
Boeing exploring collaboration with Danish firm to develop UAV Boeing exploring collaboration with Danish firm to develop UAV
Trending News
Video
x
Feedback