Retail Sales 2010-2012The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.

As reported by the Census Bureau, Retail Sales in February, excluding cars and auto parts, rose 1 percent to $335 billion as 11 of 13 retail sectors showed improvement last month.

February market...

15.03.12 03:45 PM - Comment(s)
Consumer Confidence vs Retail Sales (2009-2012) The U.S. economy continues to show signs of a rebound. According to the Census Bureau, Retail Sales climbed to $329 billion last month on a seasonally-adjusted basis, excluding automobiles. January's data marks the 18th time in 19 months that Retail Sales rose, a run that's increased total sal...
15.02.12 04:45 PM - Comment(s)
Retail Sales and mortgage ratesMortgage markets were mostly unchanged last week as Greece -- once again -- was front-of-mind for Wall Street investors. The nation-state is attempting to avoid a debt default, and has been attempting to avoid default since May 2010. Early in the week, Greece reached a deal with European Union leade...
13.02.12 04:45 PM - Comment(s)
Retail Sales Growth (2008-2011) Consumer spending continues to rise nationwide, fueled by jobs growth and a rosier outlook for the U.S. economy. Unfortunately for mortgage rate shoppers,  it may also lead to higher mortgage rates later this week. Thursday morning, the Census Bureau will release its U.S. Retail Sales data for...
11.01.12 04:45 PM - Comment(s)
Retail Sales 2009-2011Mortgage markets improved last week, pushing mortgage rates in Virginia lower for the second straight week. Conforming fixed and adjustable-rate mortgage cut new, all-time lows, and FHA mortgage rates did the same. In a holiday-shortened trading week, stronger-than-expected U.S. economic data and on...
09.01.12 04:45 PM - Comment(s)

Mortgage bonds suffered through another tough week last week as rising optimism that Eurozone leaders will "rescue" Greece plus stronger-than-expected economic data in the U.S. led bonds lower for the second straight week.

Conforming and FHA mortgage rates in Virginia moved sharply higher. ...

17.10.11 04:02 PM - Comment(s)

Retail Sales 2008-2011

The American Consumer is alive and well, it seems.

Friday morning, the Census Bureau will release its Retail Sales figures for September. The report is expected to show an increase in gross receipts for the 15th straight month with analysts predicting a 0.6 percent increase from August.

The projected ...

13.10.11 04:07 PM - Comment(s)
Retail Sales Rising -- 8 Straight Months Consumer spending is alive and well, it seems -- unwelcome news for today's home buyers. Wednesday, the Census Bureau will release its March Retail Sales figures and the report is expected to show higher sales receipts  for the 9th straight month. A strong reading like that should spell higher...
12.04.11 10:06 PM - Comment(s)

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