retail sales

Can the Economy Survive Winter? [AUDIO]
The snowy and very cold winter has put somewhat of a freeze on economic activity, but the effects shouldn't hurt most businesses in the long run. Once New Jersey and the rest of the nation begin to thaw, it's expected many affected businesses will see some of their losses recovered.
Retail Sales Down in January
Cold weather across much of the nation contributed to a drop in retail sales in January. Americans spent less on autos and clothes and at restaurants -- a decline that suggests that momentum from consumer spending at the end of 2013 has tailed off.
Retail Sales Inch Up, but Holiday Spending Weak
Americans bought more clothes in December, shopped more frequently online and ate out more often, providing a boost to economic growth at the end of the year. But sales at most traditional stores declined, as the holiday shopping season ended on a lackluster note.

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