top shadow

current news

Retail Sales Up 8.2 Percent in December

(Filed Under Financial and General Interest News). Despite the record-breaking snowstorm that hit the northeast on December 26, U.S. retail and food service sales during the month rose 7.9 percent over December 2009, the U.S. Census Bureau announced Friday.

Retail trade sales were up 8.2 percent over last year, and 0.5 percent from November, representing the sixth consecutive month of growth. For the full fiscal year, retail sales rose 6.6 percent and 5.9 percent excluding automobiles.

Gary Locke, the U.S commerce secretary, described these sales as a sign that the country is edging toward economic recovery. “As we reflect on the past year, today’s data underscore that retail sales—a fundamental indicator of economic health—grew at a strong pace throughout the second half of 2010, signaling momentum in consumer spending and the overall economy,” he said in a statement. “Our mission in 2011 is accelerated hiring for the American people and accelerated growth for the U.S. economy.”

Although retail sales have been up over 2009, this has not translated into more jobs. Earlier this month, the U.S. Bureau of Labor Statistics announced that the unemployment was 9.4 percent in December, only a 0.4 percent improvement from the previous month.

more Financial and General Interest News >>

Published 01-18-2011 by Amanda Torres Price

Related Articles

XGen to Distribute Sexy Mannequin Line
New XGen Peekaboos Pasties at ILS
XGEN Makes Discreet Personal Massager
Setting Your Shapewear Apart
Retail Sales Up 8.2 Percent in December
XGen To Present New Pleasure Wigs
Top Rock Will Be Absent at ILS
Unemployment Hits 9.4 Percent
Hot New Costumes For 2011
XGen & Great Deals Team Up

Comment on this article, brand or product

Disclaimer: The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.

NOTE: Your Email will not be displayed.

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2022 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2022 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to
bottom shadow