Copyright 2015 All rights reserved. This material can't be published, transferred, copied or redistributed.
In this Saturday, March 25, 2017, photo, shoppers enter the Sears department store in Schaumburg, Ill. Compared to March past year retail sales increased 5.2 per cent.
New data shows that Americans might be getting a little more frugal as spending at auto dealers and restaurants dipped a little, in March.
Sales in March decreased 0.2% at US stores, restaurants, and online retailers from their level in February, according to figures [PDF] released by the Commerce Department on Friday.
There are signs that consumers are growing more cautious despite a bump in consumer sentiment following President Donald Trump's presidential election. That is a major number and clearly can not be overlooked, especially when looking at how closely connected retail and consumer activity is tied to the freight transportation and logistics sectors on so many fronts, including trucking, intermodal, parcel, ocean, air, and e-commerce.
"Various factors were at play in the first quarter, but we are again seeing a pattern similar to previous years - consumer spending was weak but is expected to pick up as we move through the year", NRF Chief Economist Jack Kleinhenz said.
The improving job market and rising household net worth should keep the economy in solid shape, he suggested.
These so-called core retail sales correspond most closely with the consumer spending component of gross domestic product.
All other sectors saw increases over the same month past year, with the miscellaneous retail stores category posting the third best gain of 6.5%.
Since the start of 2017, Americans have actually cut back on purchases at auto dealers and restaurants and bars, two major sources of sales gains in prior years.
Sales at retailers nationwide declined 0.2% last month, mostly because of cheaper gas and incentives by vehicle dealers to drum up sales. It was the second straight monthly drop in sales for both categories.
There were also decreases in sales at building material stores, likely as bad weather halted work at construction sites. And sales were lower at gasoline stations, though that likely reflected lower energy prices rather than waning enthusiasm from consumers. Sales at electronics and appliances stores recorded their biggest rise since June 2015 and receipts at clothing stores increased by the most in a year.
"As with past year, we expect the first quarter (and especially March) weakness in auto sales to be short-lived as the job market expands".
One bright note, though, is online retailers. February sales were revised down to a 0.3% decrease from an initial estimate of a 0.1% gain. That makes sense, as has been the case for several months, with more and more consumers avoiding the mall and shopping online.
Mumbai Indians will open the game without Ambati Rayudu -recovering from groin strain -suffered during the match against Pune. But, more importantly, no wicket fell, something which allowed them take advantage later in the innings.
The tax code has been cross-stitched into such a complicated pattern that many taxpayers want and need assistance. The tax is due on the original filing day (April 18, 2017 this year) even if the return will be submitted later.
You can find out more details about the new Samsung Gear VR at the link below, the device will go on sale next month. To that end, they have worked hard on making more reliable batteries and using them in more efficient manner.
In the Thor: Ragnarok trailer , we see that Valkyrie is responsible for bringing Thor to the Grandmaster as a contender. For now, let's take a minute to analyze Hela's look in #ThorRagnarok versus her most iconic appearance from the comics.
Gabriel has said a NATO-approved spending level in the middle of the next decade would be on the order of 70 billion euros a year. Obama visited Germany six times as president, but he captured the hearts and minds of Germans before he was even elected.
In any event, the fundamental basis of the PPAs between the parties was not premised on the price of coal imported from Indonesia. Gujarat, Haryana, Punjab, Maharashtra and Rajasthan, there will be no hike in electricity bills.
The national police threw tear gas bombs at [medical] clinics where people were being treated, including children. A degraded pyrotechnic charge propelling the cartridge could also lead to uncontrolled explosions, he said.
They host West Ham United on Wearside this Saturday and Moyes concedes the task facing Sunderland gets tougher every week. Sometimes it's more hard but sometimes it gives you the advantage because you have one more .
The PM reportedly offered prayers for the prosperity and harmony of her country, and for strong bilateral ties with India. Mamata's opposition to water share appears to be the biggest stumbling block to reaching an agreement on the Teesta River.
It's suggested in the piece the versatile 23-year-old has opted to make the switch to the Emirates Stadium. He scored and provided an assist in a rare positive for the club in last week's 3-0 win over West Ham.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . Shares of Wells Fargo & Co (NYSE: WFC ) traded down 1.634% during mid-day trading on Tuesday, hitting $53.275.
Fellow rapper Snoop Dogg recalled how in the early 1990s he and Shakur were "two black boys struggling to become men ". Pearl Jam , the Electric Light Orchestra, Journey , Yes, and the late Tupac Shakur were also among the inductees.
Pakistani Student Killed by Mob on Campus
Mashal had talked about the student's issues and mishappening in university to a local TV channel just two days before his death. Four of them have reappeared and at least one has said he was abducted and interrogated by Pakistan's intelligence agencies.
Pacific Division title, playoff seeding at stake on last day
A Leafs defenceman kicked the puck into his own net, in a tie game, with 13 minutes to play, and a playoff berth on the line. Ryan was sent in for a chance by White in the opening period, but he was tripped up just as he cut in front of the net.
Hillary Would Be On Trial If Not For Comey
Speaking to Bartiromo, Trump said Comey "was very, very good" to Clinton, who would be "going to trial" if he was not. Trump continued by blaming Comey for not recommending that charges be pursued in the Hillary Clinton email scandal.
Watch The Splatoon 2 And ARMS Nintendo Direct Right Here
Lately I've been playing a whole lot of Voez , a rhythm game that shows off how good a gaming tablet the Switch can be. Voez requires touchscreen controls, so it's got to be played out of the dock, and the Joy-Cons just get in the way.
Prostate cancer tests are now OK with panel, with caveats
And even if the test detects an actual malignancy, many prostate cancers grow so slowly that they never become life-threatening. The previous guideline, which was only a few years old, recommended against PSA testing in all age groups.
Feldman, Duvall spark Reds over Cardinals 8-0
His third hit, a liner to left center, plated Jose Peraza to start a four-run sixth that decided the game. Leake breezed through eight strong innings Friday night, hampered by just one hiccup in the sixth inning.
Nvidia Titan Xp is the new-new king of graphics cards
Let us know what you think about the Nvidia Titan Xp and whether or not you are interested in getting one of these beasts. Nvidia could also be hinting that it expects to take AMD's slice of the Apple market when Apple refreshes the Mac Pro.
Chicago Cubs players collide while trying to catch ball
Braun led off the inning with a single before moving to third after Jesus Aguilar walked and Jett Bandy was hit by a pitch. In ten starts (59 2/3 innings) against the Brewers, The Professor is 5-3 with a 2.11 ERA and 0.955 WHIP.