NEW YORK (Reuters) - U.S. sales of apparel, shoes and appliances fell dramatically in the first two weeks of November, as consumers worried about a recession and job losses further cut spending, MasterCard Advisors said in a report.The results from SpendingPulse provide an early look into the strength of the...
SpendingPulse, a macro-economic reporttracking retail and service sales nationally, today provided summaryresults of pre-Black Friday shopping for the first half of November.Continuing a trend that started in September, retail sales continued tocontract through November 15. While the aggregate numbers over the initial two week preseason period arenegative, Michael McNamara, Vice...
Back in 2005, oil demand in the world's biggest energy consumer, the US, was growing at 1% during the first eight months of that year, compared with a year earlier. US oil demand dropped 4.2% through August 2008 from the pace of the first eight months of 2007. In the...
U.S. gasoline demand fell last week from a year earlier as pump prices stayed above $3 a gallon, a report from MasterCard Inc. showed. Consumers purchased an average 9.3 million barrels of gasoline a day in the week ended Dec. 7, down 2.7 percent from the same...
Byline: ARTHUR ZACZKIEWICZ AND VICKI M. YOUNG A bah humbug holiday sales season? Not quite. Although analysts have lowered their estimates for the holiday sales season to a gain of between 3 and 5 percent from prior forecasts of a 4 to 7 percent...
WASHINGTON AFP — US retail spending rose modestly over the Christmas holiday season, helped by a late surge from last-minute shoppers, surveys showed. The data suggest the world's biggest economy continues to grow, but at a less than spectacular pace. A report Tuesday by MasterCard research arm SpendingPulse showed overall...
Byline: Michael Rudnick NEW YORK-Consumers have looked to the home for the holidays this year. According to some sales reports, home products have been strong drivers of holiday sales this season. SpendingPulse, an affiliate of MasterCard...
Byline: SHRUTI DATE SINGH AND JEREMY MULLMAN Sales of luxury goods led a stronger-than-expected holiday shopping season, with mass merchants forced into heavy discounting to eke out less impressive gains. Chicago-area retailers Abt Electronics & Appliances, Walter E. Smithe Furniture Inc....
Articles 2005-01-03
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