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Thursday, June 4, 2020  Spokane, Washington  Est. May 19, 1883
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Retail Chains Report Moderate Sales Gains

By Compiled From Wire Services

Retailers rang up moderate sales increases in January, suggesting the economy is slowing from torrid fourth-quarter growth and inflation is not a threat for now.

The Commerce Department reported Thursday that retail sales rose 0.6 percent to a seasonally adjusted $209.1 billion, from $207.9 billion in December.

An anemic 0.3 percent sales increase during December’s Christmas shopping season turned out to be just half what the government estimated a month ago, confirming the complaints of many merchants.

Many analysts expected the January rebound to be modest, saying it would reflect a slowdown in the overall economy from its sizzling 4.7 percent growth rate during the October-December quarter.

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Asking the right questions of your CBD company

Bluegrass Hemp Oil in Spokane Valley offers a variety of products that can be very effective for helping with some health conditions. (Courtesy BHO)

If you are like most CBD (cannabidiol) curious consumers, you’ve heard CBD can help with many ailments.