Posts Tagged ‘rise’
US consumer borrowing rises for first time in a year
The Federal Reserve has announced borrowing by American consumers grew for the first time in a year in January.
According to the central bank, consumer credit rose 2.4% or $5 billion (£3.3 billion) compared with the previous month to a total of $2.45 trillion.
It was the first increase after a record 11 months of declines [...]
John Lewis posts further double-digit rise, Waitrose eyes growth
The John Lewis Partnership, which is seen as a barometer of British retailing, today announced sales grew 14.8% to £50.4 million in the week to 27 February compared with the same period a year ago.
The figures at the renowned employee-owned department store suggest consumer spending recovered in February since it was the seventh consecutive double-digit [...]
Car sales up 26.4% in February
The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales were up by 26.4% in February compared with the same month in 2009, boosted by the Government’s scrappage scheme.
The £400 million initiative, which was launched last May to boost the ailing car industry, pays drivers of cars at least 10 years [...]
House sales soar in February
Agency Express has reported a surge in house sales between January and February, with three regions reporting their highest monthly sales since the market peak in 2007.
According to the firm, which claims to be the UK’s largest “For Sale” board management contractor, every region except Central England saw substantial month-on-month increases, with star performers as [...]
Ford monthly sales soar 43%
Ford Motor company overtook its rivals last month by announcing sales surged 43% – outperforming its major rival, General Motors (GM).
It also accelerated past Toyota, which has been suffering amid major recalls. Toyota has now recalled over 8 million cars over concerns about accelerator pedals and brake systems.
Ford said US sales rose 43% [...]