Here's a look at how three retail related ETFs are tracking year-to-date, according to Yahoo Finance. However, internet retailers and restaurants were up. The Commerce Department said retail sales slipped 0.1 percent last month instead of falling 0.3 percent as previously expected.
For the month, some retail categories saw better sales than others. Gasoline station sales are up 7.9% since February 2017. Excluding automobiles, gasoline, building materials and food services, retail sales edged up 0.1 percent last month after being unchanged in January. These so-called core retail sales correspond most closely with the consumer spending component of gross domestic product. Overall consumer spending reflects more than two-thirds of economic demand in the U.S. The dollar initially firmed against a basket of currencies before giving up gains to trade little changed. USA stock index futures slightly extended gains. "With consumer confidence and employment growing, economic fundamentals are favorable for spending to expand in the coming months". GDP growth estimates for the January-March quarter are about a 2% annualised rate. For comparison, the USA economy grew by 2.5% in the fourth quarter of past year, with the government expected to release its third GDP estimate later this month. The economy created 313,000 jobs in February. He also noted that federal income tax filing season for 2017 had a relatively late start, so people may be spending refunds later in the year.
Meantime, prices at the wholesale level increased 0.2% in February from the month before, according to a separate Labor Department report, as analysts were expecting a 0.1% rise, following a 0.4% hike in January.
There were also declines in sales at furniture stores, health and personal care stores and electronics and appliance stores.
Apple to acquire digital magazine service Texture
We don't try to sell the most smartphones in the world, we don't try to sell the most tablets. "We're making big investments ... Great storytelling is what's important". "( NFLX ) of magazines" as it doubles down on content with a new journalism platform.
But there were some pockets of strength. Gas sales were down 1.2 percent for the month, but up 7.9 percent for the year, since gas prices are generally higher now than a year ago.
The revenue in clothing stores increased by 0.4%, and online retailers increased by 1%.
Excluding food and energy costs, the core PPI also rose 0.2% in February and increased 2.5% over the past 12 months. The increase in underlying wholesale prices supports views that consumer inflation will pick up this year.
Economists believe that a tightening labour market, weak dollar and fiscal stimulus from the tax cuts and increased government spending will lift inflation towards the Fed's 2% target in 2018.
He tied for 2nd place in a valiant run Sunday at Valspar Championship at Innisbrook Resort's Copperhead Course in Palm Harbor. Woods had already made big strides this year, having ended last year 656th, and is at his highest ranking since May 2015.
The first thing any and all users will get when signing up is a 30-day free trial to the service's Premium tier. In Israel, meanwhile, a Premium subscription sets you back 19.90 NIS per month - equivalent to around $5.80.
It won't happen again. "I apologise because I know that will put a lot of my supporters' families and friends in a hard position". But the Sky Sports reporter did not believe that he was in the wrong for retaliating to the tweet.
Either way, their quarterback problem went from the worst in the National Football League to one now in "not-that-bad" territory. ET Wednesday - the Browns added three players at positions of need and traded draft picks and quarterback DeShone Kizer .
Melrose said the new offer (81 pence plus a 1.69 new Melrose share for each GKN share) won't be increased under any circumstances. It is not following up on any proposals because management remains focused on turning the business around, it said.
Paul Pogba was conspicuous by his absence as Manchester United trained ahead of their crunch Champions League clash with Sevilla . To reach those lofty heights, however, his team will likely have to perform better than they did three weeks ago in Seville.
Afterward, Xbox's Phil Spencer announced that FBR on Xbox One will have cross-play compatibility with PC and mobile, but not PS4. Upon signing up, players will receive an email with the iOS download, which they can subsequently download from the App Store .
McKinnon, 25, has never been a featured back before, and split time in the Vikings backfield with Latavius Murray last season. During his rookie season, Hyde posted 333 yards and four scores on the ground, averaging four yards per carry in 14 games.
As far as reasons go, Sony did not go into further details on the basis behind the abrupt delay of the zombie-survival title. In an announcement, Sony confirmed that " Days Gone " will no longer be seeing a release anytime soon this 2018.
Abdullah's 3.3 yards per carry average ranked him next to last in the National Football League of the 48 qualifying running backs. That's just 76.3 yards per game on the ground, almost 10 yards less per contest than the next closest team.
The 2018 NIT Bracket Has Been Released
Thirty-two teams will get automatic bids for winning their conference tournament, and 32 others will receive at-large bids. But, it also is no surprise this group came out ready to play and took care of business against an overmatched team .
Denver Broncos: Case Keenum FA signing grade
Cousins is now deciding between the Vikings, the New York Jets and the Arizona Cardinals, Schefter reported. Manning guided the Broncos to two Super Bowls and won the 2015 National Football League championship.
Arbor Realty Trust (ABR) Could Go to $10
Clarivest Asset Mgmt Limited Liability Co holds 25,306 shares. 262,582 are held by California Public Employees Retirement Sys. The business had revenue of $102.17 million during the quarter, compared to the consensus estimate of $100.52 million.
Judge rules $560M Powerball victor can remain anonymous
The judge dismissed the state's argument that disclosing her name would show the public that the lottery system is above board. Last week, the trust made donations totaling almost $250,000 to Girls Inc. and three chapters of End 68 Hours of Hunger.
UK Officials Told That Aramco IPO Unlikely Until 2019 -FT
Qahtani's treatment to a circle of friends, and immediately afterward Prince Mishaal, too, was arrested and locked in the Ritz. Some speculate Salman's special appointment of an advisory panel was linked to a deal to release bin Laden from custody.