Up-again, down-again retail sales are up, again

December 2003
Home Textiles Today;12/15/2003, Vol. 25 Issue 15, p25
Trade Publication
Pointing toward an improving holiday selling season, consumers pulled out their wallets and headed to the malls during November, pushing total the U.S. retail sales up by 0.9 percent, the U.S. Commerce Department reported, to a seasonally adjusted level of $322.4 billion. Pointing to the underlying strength in spending, winners outnumbered decliners by a margin of two-to-one in the 12 major channels of distribution tracked by the agency. Helped by colder winter weather, sales at clothing and accessories stores improved by 1.1 percent, recovering from weakness earlier in the year, when sales were hampered by unseasonably wet and cool weather across much of the nation during summer months.


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