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Retail sales rise again despite severe weather

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Shoppers pushed retail sales up for a seventh straight month in January, but the increase was the weakest since June.

Retail sales increased 0.3 percent last month to $318.6 billion, the Commerce Department said Tuesday. Demand rose at department stores, electronic stores and auto dealerships.

Sales are up more than 14 percent from the recession low hit in December 2008. And they rose in a month in which severe winter weather limited economic activity in many parts of the country.

Still, economists were expecting a bigger gain. January was the first month that Americans had more money in their paychecks because of a Social Security tax cut.

Auto sales rose in January 0.5 percent after having increased 1.5 percent in December. Excluding autos, retail sales rose 0.3 percent in January, matching the December increase.

For January, sales at department stores rose 0.5 percent. A broader general merchandise category, which includes big retail chains such as Wal-Mart, increased 0.8 percent.

Part of the overall retail sales gain reflected higher gasoline prices. Sales at gasoline service stations climbed 1.4 percent. Excluding the rise at service stations, retail sales would have risen 0.2 percent last month.

Sales were weaker at specialty clothing stores, furniture stores and hardware stores but posted gains at health care stores and food stores. The rise at grocery stores probably was also affected by rising food prices.

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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