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” - 3 Chip - 2 ” Joseph Brusuelas - 1 “ - 1 David Russell - 1 ” Brij - 1 Khurana - 1 Mike Blake - 1
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Search resuls for: "Chip West"


3 mentions found


☆ Gas and Housing Prices Drive Inflation Higher in February
  + stars: | 2024-03-12 | by ( Tim Smart | March | At A.M. | ) www.usnews.com   time to read: +3 min
Rising gasoline and housing prices led inflation to increase 0.4% in February, the Bureau of Labor Statistics reported on Tuesday. The food index was unchanged in February, as was the food at home index. Meanwhile, a recent report on consumer spending from Mastercard found that retail sales excluding autos were up in February, with online retail sales up more than 9.1%. The Census Bureau is scheduled to release retail sales for February on Thursday with analysts looking for a strong 0.8% increase after January's drop. “A dip in retail sales to start the calendar year is common, however, this year January retail sales marked the biggest decline since March of last year,” said Chip West, retail and consumer behavior expert at Vericast.
Persons: ” Joseph Brusuelas, ”, Chip Organizations: of Labor Statistics, Federal, “ Services, RSM, Mastercard, Apparel, Bureau, Federal Reserve Bank of, Blue Locations: Federal Reserve Bank of Atlanta
☆ Fed Finds Economy Holding Stable, Price Pressures Easing
  + stars: | 2024-01-17 | by ( Tim Smart | Jan. | At P.M. | ) www.usnews.com   time to read: +4 min
Notably, the report suggested that inflation was not as powerful a force as it had been a few months back. These numbers point to a strong spring, especially with the Fed getting more dovish. “Both changes would support the economy and extend growth, but also likely weaken the US dollar,” Khurana says. Businesses are entering 2024 in a positive mood, according to Dun & Bradstreet’s quarterly Global Business Optimism index released on Tuesday. The National Association of Homebuilders’ sentiment index improved in January to its highest level since September.
Persons: “, ”, David Russell, Chip, ” Brij, Khurana Organizations: Federal Reserve, “, Fed, Wellington Management, National Association of Locations: York, Dun
☆ Back-to-school US spending set to hit record high in 2023
  + stars: | 2023-09-01 | by ( Kailyn Rhone | ) www.reuters.com   time to read: +4 min
The National Retail Federation, a retail trade group, predicts spending will surpass $135 billion, an increase of more than $24 billion from last year. “The larger the school, the more they are needed,” said Leslie Sparacello, a school superintendent in Austin, Texas, whose former school required clear backpacks. Clear backpacks available on Amazon.com's (AMZN.O) marketplace are priced starting at $9.97, according to its website. A spokesperson said Walmart has recorded an increase in demand for clear backpacks in the last two back-to-school seasons, specifically in Texas, Florida and Mississipi. The company has a separate section for clear backpacks under its backpack category starting at $4.89.
Persons: Mike Blake, jean, ”, Chip West, Melissa Cohen, Polo Ralph Lauren, Nikki Mcneri, Mcneri, Leslie Sparacello, Calvin McDonald, West, Matthew Bilunas, Josie Kao Organizations: REUTERS, National Retail Federation, MBC Consulting, Walmart, Kailyn Rhone, Thomson Locations: Encinitas , California, U.S, Georgia, jorts, Austin , Texas, Canada, Texas , Florida
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