Real Retail Sales Rising On Trend, But Rising Gas Prices Could Crimp Soon

by Lee Adler, Wall Street Examiner Retail Sales rose by 0.1% in January (month to month) and were up 4.4% annually, according to the Commerce Department’s January Advance Retail Sales Report. Those are seasonally adjusted idealized estimates. Neither figure is adjusted for inflation. The median forecast of economists was for a monthly increase of 0.1%. …