Skip to content

Sunday, November 22nd, 2009

Retail Sales Data: Economic Stimulus Checks in Action

June 12, 2008 by Miranda Marquit  
Filed under Finance

Retail Sales Data: Economic Stimulus Checks in Action

Retail sales data was just released. The verdict? Economic stimulus checks have helped the economy so far by boosting overall retail sales. CNN Money has the numbers on retail sales data:
The Commerce Department reported that total retail sales grew 1% last month, compared to a revised 0.4% gain in April. A consensus of analysts polled by Briefing.com expected sales to rise by 0.5%.
Stripping out volatile auto sales, retail sales rose 1.2% in May, well above the 0.7% increase expected by analysts and the 1% gain posted in April.
My question: How much of those retail sales were for food and gas?
Do …read more


About Us | Advertise with us | Blog for EveryJoe | Privacy Policy | Terms of Use
Get This Theme | Sitemap


All content is Copyright © 2005-2009 b5media. All rights reserved.