Retail sales up modestly recovery goal Advances

Tuesday 14 February 12 16:24
   WASHINGTON (Reuters) - Retail sales rose less than expected in January Consumers have cut back because we Purchases, a rebound goal in year excluding non-recurring sales has solid Underpinning Suggested gauge for the economy's recovery. Total retail sales 0.4 percent last month laundry charges, the Commerce Department said on Tuesday. Economists polled by Reuters forecast a 0.7 percent HAD it increase. Core retail sales, Which exclude autos, gasoline and building materials, climbed 0.7 percent in January. "I do not think there 's anything here That Really Brings Into the Fact That the issue has-beens Improving economy," Said Wayne Kaufman, chief market analyst at John Thomas Financial in New York. Even so, US stock futures added to the Losses FOLLOWING data's release, while Treasury debt Prices extended small gains and the euro extended Losses Against the dollar. Fears of a sharp Slowdown in the U. S. economy in recent weeks Have faded signs That is the job market is picking up and manufacturing is accelerating. Confidence Among small business owners US hit a four-year high in January, the National Federation of Independent Business said on Tuesday. With the economy Strengthening, There Is A Good luck Will the Fed raise interest rates Before the end of 2014, According To a Reuters poll. The Fed HAS Said it Expects to hold rates low-through The End Of That year. Still, with the Unemployment Rate at 3.8 percent in January, a significant Minority of economists still expect a further Top easing of monetary policy in coming months. <^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ Graphic on US retail sales: http://link.reuters.com/guc66s Graphic on U. S. import / export prices: http://link.reuters.com/muc66s ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ In the retail sales report, Spending at gasoline stations rose 1 payday advance lender.4 percent - the biggest gain since March 2011 - while receipts for electronics laundry charges 0.5 percent. Increase the dampening overalls, dirty cars and autoparts of dropped 1.1 percent, while shopping at nonstore retailers, a category Dominated by online sales, aussi Fell 1.1 percent. Increase in core purpose the dirty, Which is MOST Closely With The Consumer Spending component of the government's gross domestic product report, Please consommateurs Were Not Growing more timid. "The headline number Was a Little Weaker than expected core purpose the figure was better so net-net it Was Not Entirely a negative report," Said Boris Schlossberg, director of currency research at GFT in Jersey City, New Jersey.  The government revised downward it Estimates for retail sales in November and December Both, Suggesting consommateurs fired, return not Spend as much as calculated previously Thought During The holiday shopping season. The economy still faces Threats from a potential worsening of Europe's debt crisis or tax Tightening The Possibility gold at home, although comments by Republican lawmakers on Wednesday a deal Suggested WAS Within Reach to extend a payroll tax cut. That year expiration of tax cut - scheduled for the end of this month - would Likely Slow Economic Growth. Extended Unemployment Benefits aussi are due to expire at the end of February. The economy has hit Could aussi take if gasoline Higher Prices Crimp Consumer Spending on Other Things. A separate report from the Labor Department Showed US Import Prices rose a touch more than expected in January as petroleum and food Strongly Prices rebounded.   (Additional reporting by Lucia Mutikani in Washington and Ryan Vlastelica and Gertrude Chavez-Dreyfuss in New York, Editing by Andrea Ricci) Retail sales up modestly recovery goal Advances Hot News: Eurozone set for Q4 contraction économique
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