Voice of America: Analysts: Bad Weather, Violence Weaken US Pre-Holiday Retail Sales

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Analysts: Bad Weather, Violence Weaken US Pre-Holiday Retail Sales Dec 26th 2012, 00:53 Economists say a combination of natural and man-made disasters led to unexpectedly weak U.S. retail sales in the crucial two months before Christmas. MasterCard Advisors SpendingPulse, which tracks retail spending, reports that sales rose just 0.7 percent over the same October-to-December period last year. MasterCard says October's Superstorm Sandy affected sales in the Northeast while the murders of 20 schoolchildren and six teachers in Connecticut earlier this month put many people ...

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