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U.S. Retail Sales Climb 0.1% after Tax Increase
February 12,
2013 by in UnCategorized
By Aggregated Content in Furniture Retailing on February 13, 2013
from http://www.startribune.com/business/191003111.html
Americans barely spent more last month at retail businesses and restaurants after higher taxes cut their paychecks. The small increase suggests consumer spending may be weak in the January-March quarter, which could hold back economic growth.
Retail sales ticked up 0.1 percent in January from December, the Commerce Department said Wednesday.
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