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Retail sales increase 1.1 percent in March for biggest surge since 2012

Retail sales increase 1.1 percent in March for biggest surge since 2012

WASHINGTON, April 14 (UPI) -- Americans upped their spending in March, as retail sales for the month increased by 1.1 percent, helping the economy recover from a dull start to the year.
Ananth Baliga

Retail in Canada slumped in December

OTTAWA, Feb. 21 (UPI) -- Retail sales receipts in Canada slipped in December, dropping 1.8 percent to $40.2 billion, Statistics Canada reported Friday.

Toyota Prius most popular car sold in California in 2013

LOS ANGELES, Feb. 15 (UPI) -- Sales figures show the Ford F-Series pickup truck remained the best-selling vehicle in the United States, but California was more partial to the Prius in 2013.

Retail in December slightly higher than expected

WASHINGTON, Jan. 14 (UPI) -- Retail and food-service sales rose one tick higher than expected in December, pushing the annual gain to 4.2 percent, the U.S. Census Bureau said Tuesday.
Auto sales slow in December of a very good year

Auto sales slow in December of a very good year

DETROIT, Jan. 3 (UPI) -- Growth in U.S. auto sales slowed in December, automakers said, with General Motors reporting a drop in sales compared to the same month a year earlier.

U.S. economy adds 203,000 jobs

COLLEGE PARK, Md., Dec. 6 (UPI) -- The U.S. Labor Department reported the U.S. economy added 203,000 jobs in November, in line with the progress of recent months.
PETER MORICI, UPI Outside View Commentator

Obamacare, slow growth drive shift to part-time workers

COLLEGE PARK, Md., Dec. 5 (UPI) -- Absent smarter energy, trade and regulatory policies, slow growth and high unemployment are becoming permanent for the U.S. economy,
PETER MORICI, UPI Outside View Commentator
Auto industry rebounds; Government backs out of GM

Auto industry rebounds; Government backs out of GM

Nov. 21 (UPI) -- The U.S. government will fully exit its TARP investment in GM by the end of the year, highlighting a rebound in the auto industry, and GM shares are standing a little stronger.
Sonali Basak

Non-plus growth clouds U.S. jobs outlook

COLLEGE PARK, Md., Nov. 7 (UPI) -- The U.S. Labor Department is expected to report Friday the U.S. economy added 120,000 jobs in October, less than the 148,000 recorded in September.
PETER MORICI, UPI Outside View Commentator
Federal shutdown stalled auto safety regulators

Federal shutdown stalled auto safety regulators

One of the federal agencies affected during Congress's fight over a stopgap government funding bill is the National Highway Traffic Safety Administration.
AL SWANSON, UPI Auto Writer
Hesitation on Syrian strike threatens economic recovery

Hesitation on Syrian strike threatens economic recovery

COLLEGE PARK, Md., Sept. 4 (UPI) -- U.S. President Barack Obama's vacillation on Syria -- delaying military action and booting the decision to Congress -- poses grave threats to U.S. prosperity.
PETER MORICI, UPI Outside View Commentator
AutoOutlook: NHTSA investigates Jeep fires

AutoOutlook: NHTSA investigates Jeep fires

The U.S. National Highway Traffic Safety Administration said Friday it is investigating reports of three major fires in Jeep Grand Cherokee sport utility vehicles.
PAT NASON, United Press International
Luxury Bentley SUV not for the masses, Ford hiring

Luxury Bentley SUV not for the masses, Ford hiring

Likely inspired by the success of Porsche's Cayenne sport-utility vehicle, England's Bentley Motors has announced plans to build "the world's most powerful SUV."
AL SWANSON, UPI Auto Writer

GDP growth slows, Fed between rock and hard place

COLLEGE PARK, Md., June 28 (UPI) -- U.S. gross domestic product growth was revised downward for the first quarter from 2.4 to 1.8 percent because consumer spending, business investment and exports grew less than previously estimated.
PETER MORICI, UPI Outside View Commentator

Fed says Dallas District has an edge in economic activity

WASHINGTON, June 5 (UPI) -- The U.S. Federal Reserve said economic activity is progressing at a "modest to moderate pace" except in its Dallas district, where the recovery is more robust.
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