Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Retail Sales Friday, Mar. 11, 8:30 A.M.


BUSINESS OUTLOOK: THE WEEK AHEAD

RETAIL SALES Friday, Mar. 11, 8:30 a.m.

Retail sales in February are expected to show a gain of 0.3%, according to the MMS median projection. The gain would be a small turnaround from the 0.5% decline that sales had posted in January. Excluding motor vehicles, the economists also expect a 0.3% increase. More bad weather in February appears to have been a slight depressant on sales. Nevertheless, if the forecast is on the mark, buying in the first quarter is still running ahead of the fourth-quarter level, suggesting that consumers will continue to contribute to growth in the first quarter, although at a slower pace.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus