Research >> Economics
ICSC Chain Store Sales increased by 0.2% in Nov 15 Wk
The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 2.2% for the week ending November 15 - relative to the prior year. On a week-over-week basis, sales increased by 0.2%.
"Gas prices have declined by 81 cents per gallon since early July - which I estimate has saved consumers around $90 billion of expenditure at an annual rate," said Michael Niemira, ICSC research consultant. "The savings should help lift holiday sales," he added.
Posted: November 18, 2014 Tuesday 07:45 AM