2021-10-04 12:00:00 | retail economy
... stics companies attempt to ramp up their hiring of seasonal workers. Analysts will be closely watching Black Friday sales for any indications of potential slowdowns in retail sales and profits to be reported in the first quarter of 2022. ...
2021-05-10 12:00:01 | investing
... point since the beginning of the pandemic. The Federal Reserve also held interest rates near zero and announced plans to continue to support the economic recovery. Source: TD Ameritrade, Inc. ...
... ers and food services merchants of all sizes. Sales activity within the services sector (for example, travel services such as airlines and lodging) are not included. Restaurants: All full-service restaurants and limited-service eating places Full-Service: Fine Dining (high-end steakhouses, seafood, and other restaurants), Casual Dining (mid-priced casual dining establishments), Family Dining (budget-priced family oriented establishments) Limited-Service: Quick service (traditional quick-service low priced restaurants), Fast Casual (limited service restaurants that offer upscale...
2021-04-08 12:00:00 | consumers spending
... he month, retail sales rose 46.9% YOY. This growth reflects both the positive boost of the stimulus payments on consumer spending as well as the lockdowns that weakened retail sales across the country in the same period in 2020. The unique retail scenario of last March is also seen in the year-over-year comparison for the sectors. For instance, in March 2020, discretionary sectors such as Apparel and Jewelry experienced a dip in spend when people first started social distancing; this has led to significantly elevated growth rates this March. Essential sectors, such as Grocery, faced...
2021-03-31 14:00:00 | pandemic spending
... ource: The Conference Board...
2021-01-21 14:00:00 | transportation spending
... ther industries such as airlines or entertainment, automotive sales are not expected to see a dramatic retail lift post widespread vaccination distribution — in 2020, retail sales were down only 8.6%. However, Edmunds experts say that a return to an in-person work environment should help maintain sales, and they anticipate a boost in daily rentals in 2021, which generally make up 12% of new vehicle sales but sank to 7.4% in 2020. Exciting new products will help breathe life into the automotive industry. 2021 will be a standout year for new vehicles. It will see the birth of a brand-new se...
2020-12-26 | holiday retail sales
... d strength of retailers and consumers alike.” Key findings from Mastercard SpendingPulse underscore the shift to online spending, with e-commerce accounting for 19.7% of overall retail sales – up from approximately 13.4% in 2019. In addition, consumers continue to spend more time – and money – on their homes. Home furniture and furnishings experienced the strongest growth of any sector compared to 2019, up 16.2%, and it grew 31.0% online specifically. In addition, home improvement was up 14.1%, with e-commerce sales up 79.7%. Meanwhile, apparel experienced a decline of 19.1% yea...
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