California recorded an 7.3 percent unemployment rate in October, while generating the largest job increase in the nation during that time. Employers in the state added 41,500 non-farming jobs last month, according to data released Friday by the U.S, Bureau of Labor Statistics. Texas – the only state that has …
Read More »Retail stays up
The drop in gasoline prices continued to help retail sales last week. Nationwide sales were up 2.2 percent for the week that ended Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Week-over-week, sales were …
Read More »Drop in gas prices might not have hit bottom yet
Even better, they might keep dropping. Analysts are citing a number of factors for the decline, but it’s apparently not a temporary phenomenon, according to the U.S. Department of Energy. With the Christmas season around the corner, the drop couldn’t have happened at a better time for retailers. No, you …
Read More »Retail stays up
National retail sales remained strong last week, which was good news as the start of the holiday shopping season draws closer. Sales were up 2.1 percent for the week that ended Saturday compared with the same week in 2013, and up 1.5 percent compared with the previous week, according to …
Read More »October retail sales up
National retail sales posted a 4.6 percent increase last month compared with October 2013, according to a report released last week. Minus the impact of gasoline prices, the increase would have been six percent, according to data released Thursday by the International Council of Shopping Centers. The year-over-year jump is …
Read More »U.S. posts solid job gains
The U.S. economy added 214,000 jobs in October, as the national unemployment rate dropped to 5.8 percent, according to data released Friday by the Bureau of Labor Statistics. That is the lowest unemployment rate recorded since July 2008. On the down side, average hourly pay rose only three cents, to …
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