The rush of spending by U.S. consumers during the last week of May slowed down last week. Same-store-sales were down 2.8 percent during the week that ended Saturday compared with the previous week, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Stores Sales Index, which …
Read More »Solid retail numbers for May
Chain stores in the United States posted a 4.8 percent year-over-year gain in May, according to data released Thursday by the International Council of Shopping Centers. That increase was well above the average year-over-year increase of the past three months – 3.7 percent – and well above the three to …
Read More »Summer retail numbers start strong
The summer shopping season is off to a solid start. National retail sales were up 3.1 percent year-over-year for the week that ended Saturday, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Sales were up 2.9 percent compared with the previous week, …
Read More »Local manufacturing looks solid
Inland Empire manufacturing turned in another solid month in May. The region’s purchasing managers index was 57.7, well above the 50 benchmark that determines an expanding manufacturing sector, according to the monthly report on business released yesterday by the Institute of Applied Research and Policy Analysis at Cal State San …
Read More »Travel hurts retail sales
National retail sales dropped 1.2 percent for the week that ended Saturday, in part because of record travel during the Memorial Day weekend. Bad weather in some heavily populated areas also contributed to the week-to-week decline, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store …
Read More »Retail sales down
National retail sales dropped last week, and Mother Nature is being blamed for the decline. Sales for the week that ended Saturday were down 1.3 percent compared with the previous week, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, which was released …
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