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    U.S. January Retail Sales Exceed Expectations

    Feb. 1, 2006
    Retail sales across the U.S. posted three times the percentage increase in January that economists generally expected. Seasonally adjusted, retail sales

    Retail sales across the U.S. posted three times the percentage increase in January that economists generally expected. Seasonally adjusted, retail sales last month totaled $365.4 billion, 2.3% higher than December 2005's mark, the U.S. Commerce Department reported on Feb. 14. Economists expected a seven-tenths percent increase. Both autos and general merchandise recorded significant gains in January.

    Source: U.S. Commerce Dept., IndustryWeek.