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December 14, 2007
Nov. Retail Sales Outpace Expectations
Sales at apparel and accessories stores outstripped sales at department stores in November, according to a recent report from the U.S. Commerce Department.
Apparel and accessory store sales increased by 2.6% versus department stores’ 1% gain.
Economists were also pleased to see that total retail and food services sales outpaced expectations in November. They grew by 1.2% from October which was nearly double what economists had predicted.
Posted by Blacks on December 14, 2007 09:25 AM
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