U.S. Retail Sales Surge

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00002148-us-retail-sales-surge/

U.S. retail sales surged 2.3 percent in January, nearly triple the expected increase and the largest gain since May 2004, as post-holiday spending on cars, clothing, gasoline and furniture galloped ahead, a government report showed on Tuesday.

Excluding demand for cars and parts, retail sales were up 2.2 percent last month – the largest monthly gain in more than six years, the U.S. Commerce Department said.

For this complete story, please visit U.S. Retail Sales Surge.

U.S. Retail Sales Surge

Unknown Author

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