18, 2023, at 8:43 a.m. Save More December Retail Sales Fall 1.1% as Inflation Takes a Toll More JESSICA REILLY Irene Schaefer, of Johnson Creek, Wis., shops for hats at Longhorn Saddlery in Dubuque, Iowa, on Friday, Dec. 30, 2022. On Wednesday, the Commerce Department relea...
retail sales data for December. (AP Photo/Ted Shaffrey, File) By ANNE D’INNOCENZIO Published 4:43 AM GMT+8, January 19, 2023 Share NEW YORK (AP) — Americans cut back on spending in December, the second consecutive month they’ve done so, underscoring how inflation and the rising...
In December, the retail sales of consumer goods rose 3.7 percent year on year, while that of the whole year climbed 3.5 percent from 2023, contributing 44.5 percent of the country's economic growth, the data showed. Retail sales of services marked rapid growth to climb 6.2 percent year on ...
“We finished 2023 with record-breaking total and retail sales and continued a trend initiated almost two years ago by consistently increasing monthly total sales in response to the surge in consumer demand for our products,” said Randy Parker, CEO, Hyundai Motor America. “2023 was also our ...
Total retail sales for all of 2023 were up 5.32 percent over 2022 and core retail sales were up 4.46 percent. The results follow NRF’s forecast that holiday retail sales from November 1 through December 31 — excluding autos, gas and restaurants — would increase between 3 percent and 4...
Heavy discounting boosts December retail salesRetailers enjoyed better-than-expected trading in discretionary categories in the run-up to Christmas, driven by heavy discounting, data shows.By Zoe Hu 5 January 2023 BDO's High Street Sales Tracker showed total like-for-like sales for both in-store...
data disappointed. The labor market is cooling. Australia created an average of 16k full-time jobs a month this year. The average was three-times higher a year ago. Retail sales unexpectedly fell in October (-0.2%) for the first time since June. Inflation slowed more than expected in Octob...
Kang said he expected real estate would not drag down growth in 2023 as much as it did in 2022. He also said he expects consumer prices will overall be stable in 2023 and that there's no basis for a major increase. Looking ahead to this year, JLL's Bruce Pang expects support for th...
Retail sales fell a seasonally adjusted 1.9% in December from November when sales increased 0.3%, the U.S. Commerce Department said Friday. Sales rose 1.8% in October as shoppers, worried about product shortages, got a head start on their holiday buying. Still, retail sales surged 16.9% last...
Five Consecutive Months of Retail Sales Records FOUNTAIN VALLEY, Calif., Jan. 4, 2023 –Hyundai Motor America reported total December sales of 72,058 units, a 40% increase compared with December 2021 and the highest December sales in Hyundai history. Retail sales were up 27% in December, mar...