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.
Most Popular
1
New F-35 sustainment system undergoing flight testing New F-35 sustainment system undergoing flight testing
2
Scrap South Stream, Europe says Scrap South Stream, Europe says
3
Apple to authorities: No iPhone user data, even with a warrant Apple to authorities: No iPhone user data, even with a warrant
4
New Navy sub ready for outfitting, testing New Navy sub ready for outfitting, testing
5
Boeing to build new passenger spacecraft for NASA Boeing to build new passenger spacecraft for NASA
Trending News
Video
x
Feedback