Tag:

Retail Sales

Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…
Avoid Scams: These Are Top 10 Consumer Frauds Of 2023, NY AG Says Avoid Scams: These Are Top 10 Consumer Frauds Of 2023, NY AG Says
Avoid Scams: These Are Top 10 Consumer Frauds Of 2023, NY AG Says To honor National Consumer Protection Week, New York Attorney General Letitia James has revealed the most common fraud complaints faced by residents during 2023.  In an announcement on Monday, March 4, James said that these common complaints ranged from price gouging of much-needed goods and services to housing issues, online banking fraud, and even travel-related issues.  The top ten most common consumer complaints of 2023 in New York were:  Retail Sales: (Online purchases, price gouging, retail sales, defective merchandise, poor customer service, pet stores, animal breede…
Don't Fall For Them: These Are Top Consumer Scams, NY AG Says Don't Fall For Them: These Are Top Consumer Scams, NY AG Says
Don't Fall For Them: These Are Top Consumer Scams, NY AG Says Attorney General Letitia James highlighted some of the top scams New Yorkers are facing to kick off National Consumer Protection Week. Citing the COVID-19 pandemic, James said that Internet-related and price gouging scams were the greatest threat to consumers, with thousands of complaints levied to her office during 2020. The top 10 consumer complaints in 2020, according to James’ office: Internet-Related (internet services and service providers, data privacy and security, digital media, data breaches, frauds through internet manipulation): 9,832 complaints; COVID-19 Price Gouging (…