UK retail sales recover in February
The British Retail Consortium (BRC) has today revealed the High Street recovered in February after a dismal January, which saw shoppers avoid the stores due to the heavy snowfall.
According to the BRC, like-for-like sales were up 2.2% on the year but analysts issued caution since the figures compare with poor trading in February 2009.
Furthermore, food [...]
[ Published on :
Wed, 10 Mar 2010 10:00 ]
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US retail sales up 0.5%, consumer confidence down
The Commerce Department has revealed a better-than-expected 0.5% rise in January retail sales compared with the previous month, suggesting a strong economic recovery.
The figures follow on from the 0.1% fall in December but on an annual basis, sales were up by 4.7%.
Retail sales are closely monitored because consumer spending makes up for more than [...]
[ Published on :
Mon, 15 Feb 2010 09:33 ]
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US retail sales surprise in February
US retail sales grew unexpectedly in February by 0.3% after economists had predicted a fall of 0.2% due to bad weather, which gripped most of the country during part of the month.
According to the Commerce Department, the rise is the biggest since November, driven by hopes that economic recovery is gaining momentum.
The news resulted in [...]
[ Published on :
Mon, 15 Mar 2010 13:53 ]
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US retail sales start new year strong
(AFP)
 AFP - US retail sales opened the year with a bigger-than-expected bounce, official data showed Friday in a report suggesting recovery from recession is gaining momentum.
[ Published on :
Mon, 15 Feb 2010 09:33 ]
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China retail sales soar during holiday period
(AFP)
 AFP - Retail sales in China during the Lunar New Year holiday rocketed by more than a sixth on last year, state media reported Saturday, in a possible sign of growing confidence among the billions of Chinese consumers.
[ Published on :
Mon, 22 Feb 2010 05:58 ]
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Japanese factory output and retail sales gain
The recovery in the world’s second largest economy appears to be gathering strength after figures revealed a rise in industrial output and retail sales.
Official figures have today revealed retail sales rose last month for the first time since August 2008.
According to the Economics Ministry, retail sales were up 2.6% from a year earlier. However, [...]
[ Published on :
Mon, 01 Mar 2010 10:18 ]
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Average asking price of a UK home up 3.2%
Rightmove has reported that a scarcity of new sellers bumped up asking prices by 3.2% in the four weeks to mid-February, taking the average asking price for a UK home to £229,298.
The figure compares with £222,261 in January, which saw a monthly change of 0.4%.
The leap set a new record for London at £427,987, and [...]
[ Published on :
Wed, 17 Feb 2010 09:26 ]
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US home sales in surprise fall in January
The National Association of Realtors (NAR) has revealed a fall in sales of previously owned homes in the US for the month of January, suggesting the extension of the $8,000 tax credit for first-time buyers is having little appeal.
The industry body said sales agreements fell 7.6% in January compared with December and the index [...]
[ Published on :
Fri, 05 Mar 2010 02:42 ]
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Judge: No evidence of misconduct in KB Home case
(AP)
AP - A federal judge indicated Tuesday that he wont allow the former head of construction giant KB Home to look into alleged wrongdoing by prosecutors in his stock-options backdating case.
[ Published on :
Wed, 24 Feb 2010 11:16 ]
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Wis. agency will resume lending to home buyers
(AP)
AP - Wisconsin residents seeking to buy a home for the first time got a boost Friday when the states affordable housing agency announced plans to resume lending after a 17-month suspension.
[ Published on :
Mon, 15 Feb 2010 09:33 ]
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US new home sales in third consecutive monthly fall
The Commerce Department has today revealed a fall in sales of new homes in the US for the month of January - the third consecutive month that sales have fallen.
According to the Commerce Department, new single-family home sales dived by 11.2% to a seasonally adjusted annual rate of 306,000 units - the lowest since records [...]
[ Published on :
Thu, 25 Feb 2010 11:37 ]
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January home sales data expected to show increase
(AP)
 AP - Sales of previously occupied homes are expected to be up slightly for January after a sharp drop in December as demand remained stable despite a stormy winter in much of the country.
[ Published on :
Fri, 26 Feb 2010 09:37 ]
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