U.S. Retail Sales Flat in January
Posted on: Wednesday, 14 February 2007, 15:00 CST
U.S. retail sales were flat in January after surging 1.2 percent in December, the U.S. Commerce reported Wednesday.
Auto and parts sales fell 1.3 percent in January, after increasing 1 percent in December, the department said.
Retail sales other than at auto and parts dealers climbed by 0.3 percent, down from December's 1.3 percent increase. Economists had expected a 0.4 percent January increase.
Gas-station sales fell by 0.7 percent after December's 3.6 percent climb, the department said.
Excluding gas-station sales, January retail sales were up 0.1 percent.
Removing the auto and gasoline sectors, retail sales increased 0.5 percent.
Apparel-store sales rose 1 percent, sales at furniture stores and building-material and garden stores climbed 0.8 percent.
Restaurant and bar sales fell 0.7 percent and electronics and appliance sales fell 1.2 percent, the department said.
Source: United Press International
Related Articles
- Construction spending fell in January
- Canadian retail fell hard in December
- Norwegian Petroleum Product Sales Fall By 7.7% in January
- Video Game Sales Down 5 pct in January: Analysts
- NTT DoCoMo Posts Falls in Operating Profit, Sales for April-December
- SYSCO Reports 8.7 Percent Sales Growth in Second Quarter and Diluted EPS of $0.33
- University Publishes December/January Issue of Innovate, A New Online Journal About Online Education
- Retailers Eye December After Slow Start
- Retail Sales Up on Rebound in Auto Demand
- Retail Sales Climb in December on Autos
 |
 |
User Comments (0)
RSS Feeds