Category Archives: USA retailing

U.S. Consumers Pulling Back on Spending in August

Posted on August 31, 2010 by Denis Ouellet

Gallup spending scores for August confirm the weak back-to-school season. Americans’ self-reported spending in stores, restaurants, gas stations, and online averaged $61 per day during the week ending Aug. 29. So far, August and back-to-school 2010 spending trends appear no … Continue reading →

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US CHAIN STORE SALES DOWN 0.8% IN AUGUST

Posted on August 31, 2010 by Denis Ouellet

US chain store sales edged up 0.1% for the week ended August 28, after falling 2.0% during the previous 4 weeks. The 4-week moving average is up 3.0% YoY. Poor back-to-school sales point to weak Christmas sales. Yesterday, NBF Financial … Continue reading →

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US CONSUMER INCOME, SPENDING REMAIN WEAK IN JULY

Posted on August 30, 2010 by Denis Ouellet

Personal Income and Personal Disposable Income both increased 0.2 percent in July.Personal consumption expenditures (PCE) increased 0.4 percent.  Personal Income and PDI are both up 3.0% YoY as comps are somewhat easier. Transfer receipts, up 7.6% YoY, remain supportive. Consumer … Continue reading →

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US WEEKLY CHAIN STORE SALES DECLINE AGAIN

Posted on August 24, 2010 by Denis Ouellet

Chain store sales declined 0.4% last week (Aug. 21), the fifth consecutive decline. Sales are down 1.9% since the end of July. The back-to-school season looks pretty weak, a very, very bad sign for Christmas.

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US Consumer Confidence and Spending May Be Stabilizing

Posted on August 21, 2010 by Denis Ouellet

(…) The latest ChangeWave survey of consumer retail spending – which has a large sample size of 2,739 U.S. consumers – showed a small tick up in August compared to July. The poll was completed on August 10.. If the … Continue reading →

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US WEEKLY CHAIN STORE SALES –1.3% LAST WEEK

Posted on August 17, 2010 by Denis Ouellet

After a strong Q2 earnings season, the US back-to school season starts poorly, dampening investors expectations for continued strong earnings growth in the second half. Chain store sales dropped 1.3% last week, the third consecutive weekly decline. The 4-week moving … Continue reading →

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JULY US RETAIL SALES +0.4%.

Posted on August 13, 2010 by Denis Ouellet

July US retail sales rose 0.4% from June. The May to June 2010 percent change was revised from -0.5% to -0.3%. Motor Vehicles and Parts Stores rose 1.6% while Gasoline Stations sales jumped 2.3%. Building Material Stores sales remain depressed. … Continue reading →

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US CONSUMERS: TO SAVE OR TO SPEND?

Posted on August 3, 2010 by Denis Ouellet

US consumers have a dilemma similar to that of many indebted countries: should they save and restore their balance sheet or should they spend their way out of the recession? NBF Financial is hopeful but unsure. Just-released data by the … Continue reading →

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US CHAIN STORE SALES STRONG IN JULY

Posted on August 3, 2010 by Denis Ouellet

US chain store sales edged down 0.1% last week after the strong July gains. The 4-week moving average is up 1.4% from last month and 3.8% against 2009 strongest month. Interestingly, July strong chain store sales happened while car sales … Continue reading →

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THE COMING TAX BITE FOR AMERICANS

Posted on July 29, 2010 by Denis Ouellet

Much is being written about the discontinuation of the Bush tax cuts next January. Dennis Gartman provides the numbers each American is most concerned with. If we only concern ourselves with the biggest spenders, their discretionary income will be shaved … Continue reading →

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US CHAIN STORE SALES RISE AGAIN

Posted on July 27, 2010 by Denis Ouellet

Chain store sales rose 0.6% last week, following the 1.4% jump the previous week. The 4-week moving average is up 3.8% YoY.

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WEEKLY CHAIN STORE SALES RISE 1.4%

Posted on July 20, 2010 by Denis Ouellet

The US consumer is volatile but does his best for the economy. Sales jumped 1.4% last week after the 1.5% drop the previous week. The 4-week moving average is up for the 6th week in a row and is 3.6% … Continue reading →

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