Economy

The national retail sector registered mixed results last week. National retail sales dropped 0.4 percent for the week that ended Saturday but were up 2.8 percent year-over-year, according to the International Council of Shopping Centers Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Cool weather in some …

When home prices rise and the need for jumbo loans increase, often times investors are more willing to relax jumbo loan requirements in order to get people into homes. Although jumbo loans exceed the conforming loan limits established by government-sponsored enterprises they are still available for home purchases but often …

The Inland Empire retail market posted solid numbers during the second quarter, with vacancy down and net absorption up. Vacancy was 7.78 percent during the quarter, down slightly from May and down 8.1 percent year-over-year, according to Voit Real Estate Services’ second quarter report. More than 257,000 square feet of …

National retail sales posted a modest gain – 0.1 percent – during the week that ended Saturday. That marked the fifth consecutive week of sales growth throughout the country, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Year-over-year, …

June was a strong month for U.S. retail. Sales were up 5.9 percent last month compared with June 2013, according to data released Thursday by the International Council of Shopping Centers. After a sluggish winter, sales nationwide were “healthy and strong” during June, with strong spending on essential items and …

The Fourth of July looked like Christmas to some U.S. retailers. Sales were up 1.7 percent for the week that ended Saturday compared with the previous week, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Year-over-year, sales were up a robust 3.3 …