U.S. holiday sales rose 3 percent, below forecast-NRF
NEW YORK Jan 15 (Reuters) - U.S. shoppers held back somewhat during the 2012 holiday season, spending only 3 percent more than a year earlier, the National Retail Federation said on Tuesday, as concerns about the economy pushed shoppers to curtail their spending.
The trade group's data, based on U.S. government figures, fell short of the NRF's own forecast, which called for a 4.1 percent jump. The NRF looks at U.S. sales from November and December excluding automobiles, gasoline stations and restaurants.
- Malaysia military tracked missing plane to west coast: source |
- Malaysia air probe finds scant evidence of attack: sources |
- Ukraine forms new defense force, seeks Western help |
- Front companies, embassies mask North Korean weapons trade - U.N
- Freescale loss in Malaysia tragedy leads to travel policy questions