RETAIL SALES DOWN SLIGHTLY IN AUGUST FROM JULY
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RETAIL SALES SEE INCREASE IN JULY
The results were mixed for clothing and accessories stores, which decreased 0.2 percent seasonally adjusted from June but increased 0.1 percent unadjusted year-over-year.
Read MoreRETAIL JOBS DECREASE SLIGHTLY IN JULY
On a three-month average, retail jobs have decreased by 4,200 jobs according to the National Retail Federation.
Read MoreNRF FORECASTS RETAIL SALES WILL INCREASE THIS YEAR
The retail trade organization also forecasts that the economy is expected to gain an average of approximately 1600,000 jobs a month. The number is down slightly from 2016 but consistent with labor market growth.
Read MoreRETAIL SALES EXPECTED TO INCREASE 3.6 PERCENT THIS HOLIDAY SEASON
The National Retail Federation announced today it expects sales in November and December to increase a solid 3.6 percent to $655.8 billion — significantly higher than the 10-year average.
Read MoreNRF RAISES 2016 RETAIL FORECAST
The National Retail Federation is forecasting that retail sales for 2016 are now expected to grow 3.4 percent over last year rather than the 3.1 percent estimate earlier.
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