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Economic Figures

October sales promise a bit of relief to stores

Wednesday, November 04, 2009 3:08:21 PM
By ANNE D'INNOCENZIO

NEW YORK (AP) - The early picture of October retail sales shows more signs of a spending recovery, lifting hopes for a slightly merrier holiday season and for the overall economy.

The brighter outlook among analysts comes ahead of Thursday's sales reports from major retailers, which are expected to show the second consecutive monthly gain after more than a year of declines.

Shoppers are treating themselves to little indulgences like boots and purchasing some merchandise at full price.


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Two-track economy: 9.7% unemployment, $200K cars Mar 18 2010 4:43PM CT
Current account deficit rises to $115.6B in 4Q Mar 18 2010 9:47AM CT
Consumer prices were unchanged in February Mar 18 2010 8:01AM CT
Industrial production rises 0.1 percent in Feb. Mar 15 2010 9:24AM CT
Business inventories flat in January Mar 12 2010 9:15AM CT
Slowly, Americans are regaining their lost wealth Mar 11 2010 6:06PM CT
First-time jobless claims drop slightly last week Mar 11 2010 10:43AM CT
Unemployment rises in 30 states in January Mar 10 2010 11:54AM CT
Consumer borrowing up in January after 11 declines Mar 5 2010 4:11PM CT

   

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