Retail Business Conditions At 3-Year High
Business conditions in the retail sector in the first quarter of 2011 improved for the first time since 2007, the results of the Bureau for Economic Research (BER) Retail Survey released on Thursday show.
“This is the first positive rating (i.e. improvement) for the BER’s ‘change in business conditions’ index since the third quarter of 2007,” the BER said in a statement.
“The rebound in business conditions can probably be ascribed to significantly higher increases in selling prices in the trade sector during the first quarter of 2011, coupled with solid growth in retail sales volumes.”
A net 43 percent of retailers expected a further improvement in business conditions during the next quarter. However, the percentage of retailers satisfied with prevailing business conditions — or business confidence — declined slightly in the first quarter of 2011.
Economist Linette Ellis said this contraction could be attributed to a sharp drop in business confidence levels of retailers in semi-durable goods. This was a result of weak sales growth in textiles, clothing and footwear in the quarter.
Social Connections
Keep US Posted celebrated Mother’s Day by providing 750 greeting cards for members of Congress and staff to mail to their mothers. ![]()
![]()
📸 courtesy of Keep US Posted.
Products
Upcoming Trade Shows
May 15 – 17
International Fashion Jewelry & Accessory Group
Orlando, FL USA
Jun 9 – 11
Minneapolis Mart Gift, Home Apparel & Accessory Show
Minnetonka, MN USA
Jun 19 – 25
Dallas Total Home & Gift Market
Dallas, TX USA
Jun 19 – 22
Lightovation: Dallas International Lighting Show
Dallas, TX USA
Jul 15 – 18
Summer Casual Market Atlanta
Atlanta, GA USA
Jul 16 – 22
Atlanta Market
Atlanta, GA USA
Jul 22 – 26
