Economy Briefs: Crude price jumps on Election Day

Story Topics
Question of the Day

Should Congress make English the official language of the U.S.?

View results

RETAIL

Sandy knocks off big chunk of sales

NEW YORK — Superstorm Sandy knocked off nearly $4 billion of retail sales last week in the hard-hit Mid-Atlantic and Northeast region, nearly 20 percent of the usual total, according to figures released Tuesday by a retail data service.

MasterCard Advisors’ SpendingPulse says Tuesday that the region, which accounts for about 24 percent of retail sales nationwide, typically generates $18.7 billion in sales for the week ended Saturday. But revenue came in at about $15 billion. The figures exclude auto sales.

From wire dispatches and staff reports

Comments
blog comments powered by Disqus
TWT Video Picks