Most Active Stories
- WHQR Announces NPR and ABC's Cokie Roberts as Guest at Fundraising Luncheon
- CoastLine: Science Panel Weighs in on Potential Impacts of Seismic Testing off NC Coast
- 9 Films: Wilmington Jewish Film Fest Expands
- Governor McCrory Fights 50 Mile Buffer Zone for Oil & Gas Exploration and Drilling
- CoastLine: Bringing Human Trafficking out of the Shadows
Tue November 15, 2011
Retail Sales Rose More Than Forecast In October
Two new economic indicators:
-- Sales in the retail and food sectors rose 0.5 percent in October from September, the Census Bureau says. They were up 7.2 percent from October 2010.
Bloomberg News says the increase in retail sales was "more than projected as Americans snapped up new Apple Inc. iPhones and demand for automobiles improved."
-- Wholesale prices "declined 0.3 percent in October" from September, the Bureau of Labor Statistics reports. The major factor: A 1.4 percent drop in energy costs. Over the past year, BLS added, wholesale prices have risen 5.9 percent.