Retail Sales Rise For 7th Straight Month
February 15, 2011 at 09:40 AM EST
Retail sales forged higher to a new all-time record last month, rising 0.3% to $381.6 billion in January on a seasonally adjusted basis, according to this morning’s release from the U.S. Commerce Department. That was less than the 0.5% rise that economists were expecting, and January’s gain is half as much as December’s increase. But [...]