United States: Chain Store Sales

Chain store sales rose 3.6% in April, well ahead of expectations, but lifted to a large degree by calendar effects. Sales were up 1.5% on average over March and April, consistent with weak results seen since September. The early Easter added a selling day to April compared to last year. Improved weather and high gasoline prices also lifted sales. The underlying trend is weak, although perhaps not quite as weak as previously thought….
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  7 May, 2008| Economy | @ 17:00

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