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Entries in sluggish (1)

Wednesday
Apr062011

New Sales Report Reflects Sluggish Economy

PRNewsFoto/Wal-Mart Stores, Inc.(NEW YORK) -- While the economy continues to show some signs of improvement, the pace is sluggish. That is reflected in new retails sales reports.

Easter is late, winter weather lingers, and gas prices are pain in the tank. All that adds up to a slower start to spring spending than retailers would like. Still, one new economic report says we did buy more electronic gadgets, clothes and luxury items last month than a year ago. One economist says Internet sales were brisk because people are shopping online from home to save on gasoline. 

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