Industry: Trade
News
April 14, 2017

Retail sales fell a seasonally adjusted 0.2% last month, the Commerce Department said Friday, after a revised 0.3% decline in February. But over the last 12 months, retail sales have risen 5.2%, a sign that that the economy remains on stable footing.

Still, there are indications that consumers are growing more cautious even though the unemployment rate declined in March to a low 4.5%. Steady job growth as the recovery from the Great Recession nears its eighth year and a bump in consumer sentiment following President Trump's presidential election have yet to strengthen spending much.

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 dipped 1.5% last month at auto dealers and 0.6% at restaurants and bars. It was the second straight monthly drop in sales for both categories.

News
Oct. 28, 2015
According to Georgia car registrations, sales shot up as electric car buyers rushed to take advantage of the tax credit before it expired. But the numbers declined sharply in July and took a swan dive in August — the most recent month tabulated.
News
Sept. 2, 2015
The cost of that wage increase has been estimated at more than $1 billion, and it seems as though the retailer is offsetting that cost with cuts to employee hours. The reductions began weeks ago, during the busy back-to-school shopping period.
News
Aug. 17, 2015
Business groups opposed the bill, arguing that it would force a company to keep its predecessor's employees and adhere to contracts that the new owner did not negotiate. The California Chamber of Commerce labeled the measure, AB 359, a “job killer.”
News
June 30, 2015
. . . use of the chargers is included in the price of a Tesla, and advertised as being “free for life.” While many of its rivals spend big money on advertising, Tesla has invested millions of dollars in charging stations meant to be an extra incentive for buyers to consider its pricey electric car.
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